# Surety Bonds 101 - The Obligee

Source: https://a1suretybonds.com/learning-center/the-obligee

- Also known as the owner of the project, The [General Contractor](http://a1suretybonds.com/surety-bonds/subcontractor), The State, The City, The Town, The Municipality, or any other term describing the entity the bond names as the Obligee.

- They are the party that will receive financial recovery in the event of default by the Principal.

- They may represent more than just themselves, the state may be the representative for the protection of its citizens.

[The Surety Company & The Surety Bond](https://a1suretybonds.com/learning-center/the-surety-company-and-bond)

[Surety ~Versus~ Insurance](https://a1suretybonds.com/learning-center/insurance-vs-surety)

Surety Bonds 101 - The Obligee

---
A1 Surety Bonds (The Surety Syndicate, LLC), a nationwide surety bond agency · (800) 737-4880 · info@a1suretybonds.com · https://a1suretybonds.com
Requirements are set by each state or agency and can change; the obligee's current instructions and the law control.