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Illinois Financial Responsibility Bond

What is an Illinois Financial Responsibility Bond?

The Illinois Department of Revenue (REG-4-A) requires certain individual to furnish a Financial Responsibility Bond. The surety bond ensures that the bonded principal (i.e. taxpayer) pays to the Illinois Department of Revenue (IDOR) all monies becoming due under this law. The surety company is entitled to cancel the bond through ninety days written notice with IDOR by registered or certified mail.

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Financial Responsibility Bond

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