Non-Resident Cost Bonds! Not all states require these bonds, but - TopicsExpress

Non-Resident Cost Bonds! Not all states require these bonds, but Florida is one of them, and its law has an interesting history. Curiously, the “Out of State Bond Law”, Florida Statutes 57.011. has been on the books since the Civil War era, when the concern was big bully Yankee (i.e. foreign) corporations harassing defenseless Floridians with onerous lawsuits they know they would not win. Then the “Yankee Corporation” would drop the lawsuit and leave the Floridian having to pay for his own court costs, often destroying him financially. #suretybonds #costbonds #judicial #court prosuretybond/blog/non-resident-cost-surety-bonds/

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