Directed surety occurs when owners designate a specific producer or surety company from which contractors must obtain surety bonds for a specific project or series of projects.

Who prohibits directed suretyship?

  • The federal government prohibits directed suretyship on federal projects.
  • 42 states have statutory prohibitions against directed suretyship.

The state Anti-Directed Surety Statute citation is shown below. A version of this resource in chart form is available here.

Mo. Rev. Stat. §34.059

For more information, contact Larry LeClair.

Topic
Advocacy
Publish Date
November 6, 2024
Region
Missouri
Audience
Agents, Contractors, Owners, Sureties
Resource Type
Anti-Directed Surety Statutes, Resource Map

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