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Surety Bond Details
Cost: Depends on applic...
Public Official – Generic Bond | ||
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Category: | Public Official Bonds | |
Obligee: | Florida Department of State- Division of Elections | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | As Entered On Application |
Florida Public Official Generic Bond: A Public Official Surety Bond guarantees that the public official will faithfully perform the official duties as per law. Public officials, by definition, have been appointed to look after the public's welfare, like tax collectors, judges, court clerks, treasurers, notaries, etc. These public officials are thus responsible for all accounts and cash collection of public funds. The deputies and subordinates of public officials are also included in the public official Surety Bond. What all comes under the ambit of public official Surety Bond? Dishonesty, loss of any sort due to negligence on the part of the public official, failure to give a proper account of public funds, an error in judgment and losses resulting from that, illegal operations, and wrongdoing are some of the things which are covered. Thus a Bonded official has to be very careful and faithful in their execution of the job duties and responsibilities.
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