http://walthamstow.london/News/find-more-information-3/ Guaranty bonds usually establish a short-lived tripartite partnership in between the obligee (the secured party), the obligor (the principal) and the surety (the party that is secondarily responsible). Suretyships essentially require the guaranty to undertake the financial obligation of one more party (the principal). Sun, 24 Jun 2018 04:07:58 UTC en