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BOND NUMBER: Form 05153 (R12-97) SURETY BOND KNOW ALL MEN BY THESE PRESENTS, That (Customer’s Name) of (Customer’s Address) as Principal and (Surety’s Name) of (Surety’s Address) as Surety,

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What is surety bond - duke?

A surety bond is a legally binding contract between three parties: the obligee (the party requiring the bond), the principal (the party obtaining the bond), and the surety (the party providing the bond). It ensures that the principal fulfills their obligations and protects the obligee in case of default.

Who is required to file surety bond - duke?

The requirement to file a surety bond - duke depends on the specific regulations and circumstances. Generally, it may be required by individuals or businesses who need to guarantee the performance or compliance of their obligations. This can include contractors, business owners, and professionals in various industries.

How to fill out surety bond - duke?

To fill out a surety bond - duke, you need to follow the specific instructions provided by the obligee or the surety company. Generally, you will need to provide detailed information about the principal, the obligee, the amount of the bond, and any required documentation or supporting materials. It's important to carefully review the instructions and provide accurate information.

What is the purpose of surety bond - duke?

The purpose of a surety bond - duke is to provide financial protection to the obligee. It guarantees that the principal will fulfill their obligations or compensate the obligee for any losses or damages incurred due to non-compliance or a failure to perform. It helps ensure trust and accountability in various business transactions and professional relationships.

What information must be reported on surety bond - duke?

The specific information required on a surety bond - duke can vary depending on the circumstances and the obligee's requirements. Typically, it includes the names and contact information of the principal and the obligee, the bond amount, the effective dates, and any relevant terms or conditions. Additional information or documentation may be required based on the specific situation.

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