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Old 07-20-2007, 09:51 AM
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Default ARC Bond
Who requires an ARC Bond ?
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Old 07-20-2007, 12:19 PM
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Default Who Requires
The state or otherwise known as the "obligee" requires the bond
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Old 07-20-2007, 01:18 PM
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Incorrect. The obligee of a bond is not always a state government. In this case the Airlines Reporting Corporation is the obligee.
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