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Illinois Oath and Bond -136 Surety

Category:
Illinois Local County - Will - Guardian for a Disabled Person Packet
State:
Illinois
Control #:
IL-SKU-4208
Format:
PDF
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Description

Oath and Bond -136 Surety Illinois Oath and Bond -136 Sureties is a type of surety bond that is required by the state of Illinois. It is a guarantee that the individual or entity that is obtaining the surety bond will faithfully perform the duties assigned to them. The surety bond is a three-party agreement between the principal (the individual or entity obtaining the bond), the obliged (the entity that requires the bond), and the surety (the entity that provides the bond). The surety guarantees the obliged that the principal will fulfill the obligations outlined in the bond. The Illinois Oath and Bond-136 Surety is used in a variety of situations, such as when an individual is seeking a professional license or when an individual is acting as a fiduciary. There are two types of Illinois Oath and Bond -136 Sureties: the Individual Bond and the Corporate Bond. The Individual Bond is for individuals and the Corporate Bond is for businesses and organizations.

Illinois Oath and Bond -136 Sureties is a type of surety bond that is required by the state of Illinois. It is a guarantee that the individual or entity that is obtaining the surety bond will faithfully perform the duties assigned to them. The surety bond is a three-party agreement between the principal (the individual or entity obtaining the bond), the obliged (the entity that requires the bond), and the surety (the entity that provides the bond). The surety guarantees the obliged that the principal will fulfill the obligations outlined in the bond. The Illinois Oath and Bond-136 Surety is used in a variety of situations, such as when an individual is seeking a professional license or when an individual is acting as a fiduciary. There are two types of Illinois Oath and Bond -136 Sureties: the Individual Bond and the Corporate Bond. The Individual Bond is for individuals and the Corporate Bond is for businesses and organizations.

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