### Question
What does indemnity bond mean?


### Answer
**Indemnity bond** has the following meaning in *26 U.S.C. § 4372*:

> any instrument by whatever name called whereby an obligation of the nature of an indemnity, fidelity, or surety bond is made, continued, or renewed

#### Citation:
  - *26 U.S.C. § 4372*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 34-TAXES ON CERTAIN INSURANCE POLICIES > Subchapter A-Policies Issued By Foreign Insurers**

