Download this form for Assignment of Promissory Note in United States of America
Text version of this Form
We, ____________________, as PRINCIPAL, and ___________________________, a surety company authorized to issue these bonds, as SURETY, are held and bound to __________________________ in the sum of $ ______ (____________ & _______/100 dollars) and the legal successors of __________________________, for which we bind ourselves and our legal successors.
The condition of this bond is that PRINCIPAL is employed by __________________________ as _______________________________ and is required to be bonded.
If PRINCIPAL shall account for all money and property and other items of value coming into PRINCIPAL’s possession or control as a result of employment, then this obligation shall be void, otherwise it shall remain in full force and effect.
This bond shall remain in force until terminated or canceled on ___ days written notice by SURETY by OBLIGEE.