Locations: Florham Park, NJ and Marysville, PA

New Jersey (NJ) Public Official Bonds

A Public Official bond guarantees that the principal will faithfully and honestly perform all the duties of the office and will comply with the law.

Faithful performance of duties: Protects the public if the public official commits any acts of malfeasance (intentional wrong performance) or misfeasance (mistakenly wrong performance) on nonfeasance (failure of performace)

There are three types of Public Officials

1. Administrative

  • School Business Administrator
  • Violations Clerk
  • Municipal Judge, etc.

The official does not routinely handle money

Bond guarantees the official will not make mistakes or neglect their duties

2. Those who handle Funds

  • Tax Collector
  • Treasurer
  • Utility Collector

Bond primarily guarantees the public that all public funds will be protected from everything except acts of God

3. Those who have direct involvement with the General Public

  • Sheriff
  • Public Notary
  • Constable

The bond guarantees that the public official will not breach their authority or commit wrongful acts

  • Notary – compliance with the law
  • Secretary – faithful performance of job
  • Tax Collector – will perform the duties and remit taxes to the government
  • Township Managers / Directors – faithful performance of duties
  • Treasurer – faithful performance and safekeeping of funds
  • Alcohol Tax – liquor sales taxes will be paid on time to the state
  • Cigar – Cigarette Tax – comply with state regulations in sales and sales taxes will be paid on time to the State
  • Fuel Tax – Fuel Use – Fuel Distributor – payment of taxes
  • Sales Tax – sales taxes will be paid on time to the State