New legislation was introduced in the state of Illinois concerning care facilities. The new law, which is named SB 1704, requires care facilities to attain a surety bond or alternative security to protect resident funds that a facility’s employees managed against loss, thievery, and insolvency. SB 1704 became active on July 1st, 2010.
Illinois Care Facility Bond
Discuss: Comments (0)
Category: Commercial Bonds, Misc. Commerical Bonds, Surety News
Tags: bond requirements, Care Facility Bond, Il, Illinois, legislation, surety bond


