Bond Claim Form Sa In Pennsylvania
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A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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SURETY BOND - SAMPLE FORM. Bond Issuing Company: Bond Number: We,.How to fill out the Bond Refund Application Form - Consumer Services? 1. Read the instructions carefully before starting. 2. This form is for the submission of a claim on a surety bond. These forms are provided in a fillable PDF format, which allows you to enter data directly into the form using your computer and Adobe Acrobat Reader. We require a complete surety bond application, a copy of the pertinent court documents and that the appellant has retained legal counsel. Click on the START MY APPLICATION button to complete our simple, online bonding application.
