Colorado Surety bonds
H 1062 – Crime Insurance in Lieu of Bonds. Would permit various county public officials (county officers, commissioners, clerks and recorders, sheriffs, coroners, treasurers, assessors, and surveyors) to purchase crime insurance in lieu of the surety bond required under current law. Status: 2/4/10 – Passed House; introduced in Senate, assigned to Local Government and Energy. Giving public officials the option to purchase crime insurance in lieu of a bond will make it easier for them to get coverage. As long as it protects the tax payers the same way that the bond did I cant foresee a problem.
what do you think?
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Tags: bonds, crime insurance, surety
