Thread: Iloc
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Old 04-21-2008, 02:57 PM
Mr. Bond Mr. Bond is offline
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Join Date: Oct 2007
Posts: 80
Default Iloc
I need to have my bond increased to double the current bond amount. The surety has approved, BUT they are requiring an ILOC at 50% of the bond amount. How does that work? Does this ILOC last for the duration of the bond term only? OR is it longer?
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