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Bond Required Of Employer Carrying His Own Risk Form. This is a South Carolina form and can be use in Workers Comp.
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Tags: Bond Required Of Employer Carrying His Own Risk, 8, South Carolina Workers Comp,
Page One of Two
South Carolina Workers’ Compensation Commission
SELF-INSURANCE DIVISION
1333 Main Street, Suite 500
P.O. BOX 1715
Columbia, SC 29202-1715
(803) 737-5706
BOND NUMBER:
, a corporation incorporated under the laws of the State of
KNOW ALL MEN BY THESE PRESENTS that
, a corporation incorporated under the laws of the State of
and
State of South Carolina in the sum of
, as Principal,
, as Surety, are held and firmly bound to the
dollars, to be paid to the State of South Carolina binding ourselves, our successors and
assigns jointly and severally by this document, signed, sealed and dated this
day of
, A.D.
.
did file with the South Carolina Workers’ Compensation Commission its application for the privilege of paying
WHEREAS,
compensation directly without insuring under South Carolina Code 42-5-20 (1985).
AND WHEREAS, the Commission on the
cancelled upon condition that
day of
, A.D.
, passed an order granting privilege continuously until
, employer, enter into bond in the penalty of
dollars and shall abide by the
requirements of the Act with reference to paying or furnishing compensation, medical or surgical services, etc., and the rules and regulations
that are now or may be adopted by the Commission.
This bond shall take effect at 12:01 a.m. on the
day of
, A.D.
, and shall remain in effect continuously until
cancelled.
NOW, THEREFORE, the condition of this obligation is such that
shall abide by and perform all of the requirements of the
Act and any amendments, as well as the rules and regulations that are or may be adopted by the South Carolina Workers’ Compensation
Commission respecting the payment of compensation to its injured employees or the dependents of its killed employees, and the furnishing at
its own cost the expenses of medical, surgical and other services, and funeral expenses as provided in the Act, then this obligation shall be void.
This Bond may be cancelled at any time by the Surety upon giving sixty (60) days written notice to the South Carolina Workers’ Compensation
Commission, in which event the liability of the Surety shall, at the expiration of sixty days, cease and determine, except as to such liability of the
Principal on account of injury or death to any of its employees, as may have accrued prior to the expiration of sixty days, it being understood
that the Surety shall be liable, within the penal sum mentioned above, for the default of the Principal in fully discharging any liability on its part.
IN WITNESS, the employer has caused this document to be signed by its President, and its corporate seal attached, attested by its Secretary,
and the Surety has likewise caused this document to be signed by its President, and its corporate seal attached, attested by its Secretary.
Attest:
Witness as to Principal
By
Employer
President
Address of Witness
Attest:
Witness as to Surety
Surety
By
President or Authorized Officer of Surety Company
Address of Witness
I,
, Secretary of the employer corporation, certify that the resolution adopted on the
day of
, A.D.
, the Board of Directors of the employer aforementioned directed and empowered the execution of this bond. In witness sign and affix my
official seal.
__________________________________________________________
Secretary
WCC Form # 8
Rev. 07/96
8
BOND REQUIRED OF EMPLOYER
CARRYING HIS OWN RISK
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Page Two of Two
South Carolina Workers’ Compensation Commission
SELF-INSURANCE DIVISION
1333 Main Street, Suite 500
P.O. BOX 1715
Columbia, SC 29202-1715
(803) 737-5706
STATE OF SOUTH CAROLINA}
County
PROBATE WHERE EMPLOYER IS CORPORATION
and swore that he saw
BEFORE ME, personally appeared
, as principal,
sign, seal and deliver the Bond, and he subscribed his name as a witness.
SWORN and subscribed before me this
day of
, A.D.
.
___________________________________________________________
Notary Public
STATE OF SOUTH CAROLINA}
PROBATE WHERE EMPLOYER IS INDIVIDUAL OR PARTNERSHIP
and swore that he saw
BEFORE ME, the subscribing Notary Public, personally appeared
, as principal,
before me this
day of
, A.D.
sign, seal and deliver the Bond, and he subscribed
.
___________________________________________________________
Notary Public
STATE OF SOUTH CAROLINA}
PROBATE AS TO SURETY
County
and swore that he saw
BEFORE ME, the subscribing Notary Public, personally appeared
, by
as Attorney in Fact, as Surety, sign, seal and deliver the Bond,
and he subscribed his name as a witness.
SWORN and subscribed before me this
day of
, A.D.
.
___________________________________________________________
Notary Public
WCC Form # 8
Rev. 07/96
8
BOND REQUIRED OF EMPLOYER
CARRYING HIS OWN RISK
American LegalNet, Inc.
www.FormsWorkFlow.com