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Originally Posted by Surety Wizard You should definitely return the bond so it can be sent back to the Surety Company and destroyed. The Surety Company will either give you a refund or have to cancel the bond. |
Don't get your heart set on getting a refund. It really depends on the Surety, whether or not the bond was actually filed with the Obligee, and how far into the bond term it's being returned. Talk to your account representative to see what applies in your situation.