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Subdivision Bonds - Are Subdivision Bonds truely non cancellable?


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Old 05-29-2008, 01:56 PM
GBS GBS is offline
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Join Date: May 2008
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Default Are Subdivision Bonds truely non cancellable?

If the premium has been paid and there are no claims against a subdivision bond, can the Surety Company that wrote the bond cancel it? I have always been told these bonds could not be canceled.
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