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How to fill out the Bond Rider online
Completing the Bond Rider online is an essential step in ensuring that your surety bond reflects the correct name of the principal. This guide provides clear instructions to help you navigate through each section of the form with ease.
Follow the steps to fill out the Bond Rider accurately.
- Click 'Get Form' button to obtain the form and open it in the editor.
- Locate the field labeled 'Surety Bond No.' and enter the number associated with your existing bond. This number is crucial for identifying the bond in question.
- In the 'Principal Company Name' field, input the current legal name of the principal. This should correspond to the name as it appears in legal documentation.
- Next, find the 'Surety Company Name' section and fill in the name of the surety company that is guaranteeing the bond. This should again match the official records.
- In the 'Previous Principal Company Name' field, indicate the former name of the principal prior to the name change. This helps clarify the change in identity for future reference.
- Now, enter the 'Current Principal Company Name' to confirm the new name that is to be recognized going forward. Ensure accuracy to prevent any legal complications.
- In the 'Signature' section, provide the signature of an authorized representative or attorney-in-fact for both the surety and the principal. This signifies agreement to the changes made.
- Complete the fields for 'Business Name', 'Printed Name/Title', 'Business Address', 'Telephone Number', 'City/State/Zip' for both parties to ensure all contact information is available.
- Finally, after all fields are filled correctly, review the entire document for any errors or omissions. Ensure that both parties have attested the document where required.
- Once reviewed, you may save changes, download, print, or share the completed form as needed.
Start completing your Bond Rider online today for a smoother transition to your principal's new name.
A rider on a bond is an addendum that modifies or adds specific terms to the original bond agreement. It can address changes in conditions, additional obligations, or clarify responsibilities of the parties involved. Understanding the purpose of a bond rider can be crucial, and resources from US Legal Forms can help you grasp its significance and how to implement it effectively.
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