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Thread: Stacking

  1. Join Date
    Dec 2005
    Posts
    67

    Stacking

    I was reading over the Sales Tax bond form for the state of Texas and it mentions a "stacking bond limit". What is this?

  2. Join Date
    Jan 2005
    Posts
    755

    It is a limit to what the total amount of claims can amount to. For example, a $10,000 bond with a stacking limit of $20,000 could have no more than $10,000 in a single claim and $20,000 in total claims.

    Bonding companies consider stacking limits above the bond amount to be higher risk and therefore can result in higher rates or declination.

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