Small Business Administration's Surety Bond Guarantee Program: Hearing Before the Committee on Small Business, United States Senate, Ninety-seventh Congress, Second Session, on Small Business Administration's Surety Bond Guarantee Program, March 11, 1982U.S. Government Printing Office, 1982 - 547 pages |
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Common terms and phrases
AFFI Agency agent American Fidelity Fire amount ANTHONY GIACOMINO application Arthur Bernstein assets ASSISTANCE attorney audit AUTO Bond Guarantee Program Boucher Bryan certificate of authority CHAIRMAN Code Committee on Small company's complete Construction contract contractor copy cost counsel David Samson default executed Federal fees Fidelity Fire Insurance FINANCIAL STATEMENT Fire Insurance Company Firm Representative(s fraud funds Guarantee Agreement hearing Illinois indemnity Insurance Department investigation issued Jack Bryan letter liability Lincolnwood Lisker loss ratio Lowell Lowell Weicker managing general agent March 11 Market Insurance Corporation Melton Membership Classification Michael Haynes Name NUMBER obligee Office payment percent performance bond premium principal Principal's received regulations reinsurance request SBA Form 994 SBA's SBG PROGRAM Senator Weicker Small Business Administration Smolonsky Specialty Surety Spight standard surety subcontractor Surety Bond Guarantee surety company surety's Telephone Treasury underwriting United Inspection Bureau Uritz Washington
Popular passages
Page 245 - IN WITNESS WHEREOF, the parties have caused this agreement to be executed by their duly authorized officers, and their respective corporate seals to be hereunto affixed, as of the day and year first above written.
Page 285 - If such obligation was incurred on behalf of or on account of a fiduciary holding property in a trust capacity, by a joint control agreement which provides that the whole or a sufficient portion of the property so held may not be disposed of or pledged in any way without the consent of the insuring company.
Page 295 - If purchased at par, at the par value; if purchased above or below par, on the basis of the purchase price adjusted so as to bring the value to par at maturity and so as to yield in...
Page 18 - Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
Page 294 - ... secured by mortgage on unencumbered improved or productive real estate within the United States, such loan not to exceed 60 percent of the current market value of the mortgaged premises; or by the pledge of bonds or stocks or other evidences of indebtedness, such loan at no time to be in excess of 90 percent of the current market value of the securities pledged; or by pledge of bonds or other evidences of indebtedness of the United States, the market value of which is equal to at least the amount...
Page 436 - If he finds that the proposed plan of business of the applicant is not unfair, unjust, or inequitable, that it intends to fairly and honestly transact its business, and that the securities that it proposes to issue and the methods to be used by it in issuing or disposing of them are not such as, in his opinion, will work a fraud upon the purchaser thereof...
Page 74 - The instrument is not invalid for the reason only that it is antedated or postdated, provided this is not done for an illegal or fraudulent purpose. The person to whom an instrument so dated is delivered acquires the title thereto as of the date of delivery.
Page 336 - A financing statement is sufficient if it is" signed by the debtor and the secured party, gives an address of the secured party from which information concerning the security interest may be obtained, gives a mailing address of the debtor and contains a statement indicating the types, or describing the items, of collateral.
Page 281 - Act, and that it has a paid-up capital of not less than two hundred and fifty thousand dollars, in cash or its equivalent, and is able to keep and perform its contracts, he shall grant authority in writing to such company to do business under this Act Sec.
Page 79 - Contractor for damage because of bodily injuries, including death at any time resulting therefrom; accidentally sustained by any person or persons...