A surety bond is issued by which entity?

A surety bond is a financial agreement typically issued by a surety company, which acts as a guarantor that the obligations of a principal, such as a defendant in a court case, will be satisfied. In the context of bail, the surety company provides the bond, ensuring that if the defendant fails to appear in court, the surety company will pay the bond amount to the court.

The correct entity that issues a surety bond is the surety company. This company takes on the risk associated with the bond and is responsible for compensating the obligee (the party requesting the bond, often the court) in case the principal (the defendant) does not meet their obligations. Understanding the role of the surety company is crucial as it underscores the financial responsibilities and guarantees involved in the bonding process.