Legal Question in Construction Law in California
Surety Company failure to pay bond
When is a surety company considered to be in default of its obligation to pay bond
Asked on 7/06/06, 12:45 am
2 Answers from Attorneys
Gary Redenbacher
Redenbacher & Brown, LLP
Re: Surety Company failure to pay bond
Wow. Have you got five or six days to read the answer to this question? I could give you the simple answer that a surety is in default when an event occurs that the surety is obligated to cover and then doesn't. This, however, is just as vague as your question. I'm sure you have a more specific situation. I suggest you give as many details as possible and ask again.
Answered on 7/06/06, 1:14 am
Carl Starrett
Law Offices of Carl H. Starrett II
Re: Surety Company failure to pay bond
My only regret is that your question cannot be marked for rejection once it has been approved. You need to post the facts of the case in order to get a proper answer.
Answered on 7/06/06, 1:31 am
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