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What is a California Guarantee Toll Charges Bond?
Any applicant who wishes to use a credit-based permit to cross any California toll bridge or highway must provide this surety bond as evidence of their compliance with sections 30158 through 30162 of the California Streets and Highways Code, or the California Toll Bridge Authority Act. The primary duty of the permit holder under this legislation is to pay toll charge invoices for the use of toll bridges and toll highway crossings every month.
Do you need a California Guarantee Toll Charges Bond?
We can help you get the bond you need. We have a variety of bonds available, so we can find the right one for your business.
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Why is the California Guarantee Toll Charges Bond necessary?
Surety bonds are an important part of ensuring compliance and financial stability. They’re required in all 50 states to guarantee that companies will follow their licensing or permitting requirements across a wide variety of industries, professions, etcetera. The business demonstrates its commitment both financially as well as ethically by providing proof it can uphold these standards. Find a California Health Facility Patient Trust Fund Bond.
What is a Guarantee Toll Charges Bond in California and how does it work?
Surety bonds are a great way to provide financial guarantees that contracts and other business deals will be completed according to mutual terms. They protect consumers from fraud, malpractice, or any other breach of their agreement with the company that issues them; when this occurs one party can claim your surety bond for you (the principal) to fulfill damages caused by breaking those promises! Read a California Money Transmitter Bond.
What is the cost of a California Guarantee Toll Charges Bond?
Surety bond costs can vary by location and the requirements outline how large a surety’s commitment to pay out in claims, meaning they will charge different premiums based on an individual’s credit scores or financial history.
Is it possible to obtain a California Guarantee Toll Charges Bond with bad credit?
While it may seem like a bad credit score means the end of your dreams, you don’t have to give up on getting bonded! Axcess-Surety can help even if your circumstances are adverse. We know that many people who fall into these types of debt include medical expenses or bankruptcies among others so we provide options for everyone with our strong commitment to helping all individuals or companies succeed. Have a San Mateo Trust Funds Wage and Welfare Bond.
How to obtain a California Guarantee Toll Charges Bond?
Glenn is dedicated to helping contractors get surety bonds and support. Glenn specializes in the construction industry with expertise in bids bonds, performance bonds and payment bonds. Glenn regularly published articles and resources for all things surety bonds.