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OREGON STATE UNIVERSITY PAYMENT BOND No. Solicitation Project Name (Surety #1) (Surety #2)* * If using multiple sureties Bond Amount No. 1: Bond Amount No. 2:* Total Penal Sum of Bond:$ $ $ We, as

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How to fill out if using multiple sureties

01

Gather all the necessary information about the sureties, such as their names, addresses, contact information, and financial details.

02

Fill out the relevant sections of the application or document with the primary borrower's personal information.

03

Provide the details of the first surety, including their personal information and the amount they are willing to guarantee.

04

Repeat the previous step for each additional surety, providing their information and the respective guarantee amounts.

05

Make sure to properly review and double-check all the information provided before submitting the completed form or document.

Who needs if using multiple sureties?

01

Anyone who is in need of additional financial support and is unable to secure a loan solely based on their own creditworthiness may consider using multiple sureties. This can include individuals with bad credit, limited income, or lack of sufficient collateral.

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What is if using multiple sureties?

If using multiple sureties means having more than one person or entity acting as a guarantor or providing security for a financial obligation.

Who is required to file if using multiple sureties?

The person or entity who is using multiple sureties is required to file the necessary paperwork.

How to fill out if using multiple sureties?

When using multiple sureties, the individual or entity must provide all the required information for each surety, including their contact information, financial background, and obligations.

What is the purpose of if using multiple sureties?

The purpose of using multiple sureties is to provide additional security and guarantee for a financial obligation, reducing the risk for the creditor.

What information must be reported on if using multiple sureties?

When using multiple sureties, information such as the name, address, contact details, financial status, and obligations of each surety must be reported.

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