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Surety Bond for Bails Bond Corporate Officer

Posted: Tue Nov 23, 2010 11:20 am
by Yahoo Bot

Is a buildup fund on bonds written by a surety company exempt as an asset? The
surety company does not release the funds as the bond is completed, because new
bonds are written daily. the fund is now at about $500,000 and in the officers
individual names. Is there an exemption for this asset. Is this an asset?
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