Introduction. The Voting Rights Act, signed into law by President Lyndon Johnson (1908-73) on August 6, 1965, aimed to overcome legal barriers at the state and local levels that prevented African Americans from exercising their right to vote under the 15th Amendment (1870) to the Constitution of the United States.fter debating the bill for more than a month, the U.S. House of Representatives passed the bill by a vote of 333-85 on July 9. Johnson signed the Voting Rights Act into law on August 6, with Martin Luther King Jr. and other civil rights leaders present at the ceremony.
A fidelity bond is a particular type of surety bond designed to protect a business owner or hiring party from damage or mismanagement by an employee. Fidelity bonds are typically created to manage long-term relationships and not individual projects. The bond is used to enforce proper dealings and honesty by employees and prevent damage and theft that might occur.
Surety Bond Definition: A guarantee made by an insurance carrier (bonding company backing the bond) that is a hybrid of insurance and credit. It is a form of insurance to the obligee (party requiring the bond protection), as they are the beneficiary that can file a claim if the bond's promise is not met.hat your bond guarantees is dependent on the bond type and the bond formâs language. While it is extremely important to understand what your bond is guaranteeing, it is beyond the scope of this article. There are thousands of different bond forms for a variety of bond types required throughout the country.