Surety bond - Overview. 1  A surety bond is defined as a contract among at least three parties: [1] 2  the obligee: the party who is the recipient of an obligation. 3  the principal: the primary party who will perform the contractual obligation. 4  the surety: who assures the obligee that the principal can perform the task.
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1 CMA program entrance costs $225, but student or academic IMA members are eligible for a $150 discount. 2  CMA exam fees are $300 or $350 per part, depending on how you register and when you take the exams, for a total of $600 or $700.  The ongoing annual CMA maintenance fee is $30.