Illinois Oath and Bond Of Representative-No Surety

State:
Illinois
Control #:
IL-PR-OAT3
Format:
PDF
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Description

Oath and Bond Of Representative-No Surety The Illinois Oath and Bond Of Representative-No Surety is a legal document that is required of individuals who have been appointed to serve as a representative for someone else in matters concerning legal, financial, and/or business matters in the state of Illinois. The bond is a guarantee that the representative will faithfully fulfill the duties of their office and will not mismanage or misuse the funds entrusted to them. The bond is required to be filed with the county clerk in the county where the representative resides. There are two types of Illinois Oath and Bond Of Representative-No Surety. The first type is the Individual Bond, which is issued to a single representative and is backed by the personal assets of that representative. The second type is the Corporate Bond, which is issued to a company or organization and is backed by the assets of that company or organization.

The Illinois Oath and Bond Of Representative-No Surety is a legal document that is required of individuals who have been appointed to serve as a representative for someone else in matters concerning legal, financial, and/or business matters in the state of Illinois. The bond is a guarantee that the representative will faithfully fulfill the duties of their office and will not mismanage or misuse the funds entrusted to them. The bond is required to be filed with the county clerk in the county where the representative resides. There are two types of Illinois Oath and Bond Of Representative-No Surety. The first type is the Individual Bond, which is issued to a single representative and is backed by the personal assets of that representative. The second type is the Corporate Bond, which is issued to a company or organization and is backed by the assets of that company or organization.

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Oath And Bond Of Representative No Surety