Surety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Montana surety bond needs.
Required Surety Bonds in Montana
Typical Montana bonds include (click on any for more info):
Montana’s “Little Miller Act” requires contractors to purchase both performance and payment surety bonds in order to serve as a prime contractor on public works contracts valued, with few exceptions, in excess of $50,000. There may be similar requirements for local public works projects.
Montana License & Permit Bonds
Montana maintains about 40 different programs and boards that issue a wide variety of occupational and business licenses. In many cases, the licensing process requires the purchase of a license or permit surety bond. Additionally, some jurisdictions may have their own local licensing and bonding requirements.
Montana Court Bonds
Montana’s courts, at all levels, can require people with business before the court to purchase a surety bond. Specifically, anyone appealing a court decision may need an appeal bond, especially when there is contested property or a large monetary award at stake.
The other type of Montana court bond is a probate bond. A probate bond may be required from a person who has been appointed to manage another party’s assets, such as the executor of an estate or the guardian of a minor.
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