Personal Property Warehouse Owners operating in the State of Illinois are required under 240 ILCS 10/ et seq. to execute an Illinois Personal Property Warehouse Bond to ensure compliance with licensure.
Bonds Express offers an Illinois Personal Property Warehouse Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Personal Property Warehouse Bond holds you accountable for your business decisions.
By possessing an Illinois Personal Property Warehouse Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.