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Form DC132LABOR AND MATERIAL BONBON NO. LABOR AND MATERIAL BOND KNOW ALL MEN BY THESE PRESENTS, that we, of the hereinafter called the Principal, and hereinafter called the Surety, are held and firmly
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Bond no labor and is a type of bond that guarantees payment of wages and benefits to employees in case the employer defaults on their obligations.
Employers in certain industries, such as construction or janitorial services, are required to file bond no labor and to ensure that their employees are paid properly.
To fill out bond no labor and, employers need to provide details about their company, the number of employees, the type of work being done, and the amount of the bond required.
The purpose of bond no labor and is to protect employees from non-payment of wages and benefits by their employer.
Information required on bond no labor and includes the employer's name, address, employee count, bond amount, and type of work being performed.
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