Are Subdivision Bonds truely non cancellable?

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Are Subdivision Bonds truely non cancellable?

#1 (permalink)

05-29-2008, 02:56 PM

GBS

Junior Member

Join Date: May 2008

Posts: 4

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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