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Funds with the Surety to satisfy same; FOURTH: that in the event of good faith payment, settlement, or compromise, an itemized statement thereof, vouchers or other evidence of payment shall be prima facie evidence of the fact of the liability of the undersigned; FIFTH: the Surety shall have the absolute right to cancel the bond pursuant to a cancellation clause in the bond or procure its release from said bond under any law governing same and the Surety is hereby released from any damage that m.

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How to fill out the Pdq Application online

Filling out the Pdq Application online can be a straightforward process if you follow the right steps. This guide provides clear instructions to help you complete the application accurately and efficiently.

Follow the steps to complete the Pdq Application online.

  1. Press the ‘Get Form’ button to access the application and open it in your online editor.
  2. Begin by filling in the applicant and bond information section. Include your name as it should appear on the bond, the obligor's name, the type of bond, and the required address if it is not stated on the bond. Specify the bond amount and effective date.
  3. Indicate whether any applicant, partner, or stockholder has ever had a bond claim. If so, provide details in the designated area.
  4. Next, fill in the business information section. Provide your business address, nature of business, and your business phone number. Select the appropriate business entity type (e.g., proprietorship, corporation, partnership, or LLC) and include the date the business started along with the license or permit number.
  5. Complete the personal information section for all applicable individuals, including partners, stockholders, co-signers, and spouses. Input their names, social security numbers, and residence addresses. Indicate whether anyone owns real estate and provide the associated market values.
  6. Continue to fill out the required banking information for each individual listed. Include bank names, branches, and account numbers. Make sure to ensure accuracy to prevent delays.
  7. Review the indemnity agreement to understand the obligations tied to the bond application. Ensure all individuals listed sign and date the application in the appropriate section.
  8. Once all information is filled in and verified for accuracy, you can save the document. Prepare to download, print, or share the application as needed.

Complete your Pdq Application online today for a seamless bonding experience.

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