Montana Surety Bonds

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Required Surety Bonds in Montana

Typical Montana bonds include (click on any for more info):

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Required Surety Bonds in Montana

All Montana surety bonds can be categorized as one of the following: construction and contractor bonds, license and permit bonds, or court bonds.

Montana Construction & Contractor Bonds

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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