Normally, it can go to a surety company which is sort of like a high-class bail bondsman. |
Such aspirants had to jump through many legal hoops, involving large amounts of surety money, before acquiring licenses to work in India. |
In fact, I am instructed that Michael John Hunter Davies did not become a surety. |
In Ohio a guarantor is a surety and has the statutory and common law rights and obligations discussed above under Accommodation Party. |
The creditor could sue the debtor, sell the mortgage securities or sue the surety. |
It's hard to square our usual image of Stevens as a doggedly conscientious master of surety and fidelity with this carefree frontiersman. |