If you are engaged as a modular home manufacturer in South Carolina, you may be required by the South Carolina Building Codes Council to file a South Carolina Modular Manufacturer 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 South Carolina Modular Manufacturer Bond holds you accountable for your business decisions.
By possessing a South Carolina Modular Manufacturer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.