Delaware Cashers of Check, Drafts or Money Orders are required under the Delaware Code Section 2714(a), Title 5 to file a Delaware Casher of Checks, Draft or Money Orders Surety Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Delaware Casher of Checks, Draft or Money Orders Surety Bond holds you accountable for your business decisions.
By possessing a Delaware Casher of Checks, Draft or Money Orders Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.