A surety bond often required by municipalities and other public authorities to indemnify them against loss from breach of any regulation or ordinance under which the license or permit is issued.

A surety bond required of persons who obtain certain licenses and permits that guarantees that the individual will comply with laws and regulations pertaining to the license or permit.

Type of surety bond guaranteeing that the person bonded will comply with all laws and regulations that govern his or her activities.

A type of surety bond guaranteeing that a person bonded will comply with all laws and regulations that govern their activities.

License and permit bonds are a general class of bonds required of a person or entity to obtain a license or a permit in any city, county, or state. These bonds guarantee whatever the underlying statute, state law, municipal ordinance, or regulation requires. They may be required for a number of reasons, for example the payment of certain taxes and fees and providing consumer protection may be required as a condition to granting licenses related to selling real estate or motor vehicles and contracting services.