Types Of Performance Bonds | What Is A Surety Bond Insurance

Non-Financial Bonds Law and Legal Definition

Non-Financial Bond is a kind of bond where the defendant's signature alone guarantees the amount of bond. The defendant is not required to place any property as security or retain the services of a professional bail bondsperson as collateral. It is only a promise to appear. It is a non-surety bond as no person is required to stand as surety.