Each individual solicitor is required to post a $ 5,000 personal surety bond, in the name of the individual solicitor -- not the company -- naming the Prince William Board of County Supervisors as obligee at 1 County Complex Court, Prince William, VA 22192. The bond may be obtained through an insurance agency
does this mean i have to pay 5,000 dollars up front, and can easily appear in court whenever they want me too?
what does this mean???
Answer by Kasey C
No. The bond can be purchased for LESS than the face value.
Basically, it's like an insurance: you did something wrong, they would have at least $ 5000 in their pocket for damages, even if you run. Then the bond enforcement folks come after you for the rest, and that has nothing to do with them. :)
And you are guaranteeing the bond as a PERSON, not as the business, which is a separate entity.
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