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Old 04-21-2008, 09:39 AM
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Default Indian Reservation

Why is it that you do not have a market for contract bonds being required by Indian reservations?
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Old 04-21-2008, 05:41 PM
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Default Performance Bonds

Quote:
Originally Posted by Bond Magician
Why is it that you do not have a market for contract bonds being required by Indian reservations?

I believe it's because Indian Reservations have their own laws that tend to be different from the normal State's laws. I'm sure there is a Surety out there who specializes in these bonds, we just don't have access to any.
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