There is no privity of contract between a surety and the principal debtor. Individual surety bonds represent the original form of suretyship. European surety bonds can be issued by banks and surety companies. The court ordered them to pay Rs 500,000 each as surety bonds before their release. Such a suretyship agreement is entered into between the surety and the creditor. It also identifies the property owner, contractor, surety, lender and other pertinent information. A surety is entitled to contribution from a co-surety in respect of their common liability. A key term in nearly every surety bond is the "penal sum". There are over 25,000 types of Surety Bonds in the United States. Count Friedrich insisted on the payment of the 6,000 ducat surety. No other surety of any kind is implied. Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil. The first corporate surety, the Guarantee Society of London, dates from 1840. But now, the suspect has to pay the fine as a surety. Flood demanded a surety of $15,000, money Winchester did not have.