Illinois Oath and Bond-132 No Surety is a legal document that is required by the state of Illinois for certain positions and licenses. It is a form of liability protection for the state, requiring the person signing the document to be responsible for any obligations or damages that might arise from their actions or decisions. The document is a contract between the state and the signer, in which the signer promises to fulfill their duties and to fulfill any legal obligations related to the position or license. The most common type of Illinois Oath and Bond-132 No Surety is issued to public officers, such as city and county employees, state and federal employees, and state-licensed professionals. This type of bond guarantees the financial responsibility of the signer and protects the state from any financial losses that might be incurred from the actions of the signer. Other types of Illinois Oath and Bond-132 No Surety may be issued to contractors, subcontractors, vendors, and others who are working on behalf of the state. This type of bond guarantees that the person or company is financially responsible for any obligations or damages that may arise from their work. It also protects the state from any financial losses that might be incurred from the actions of the signer.