Raffle Managers operating in the State of Illinois are required under 230 ILCS 15/5 to execute an Illinois Raffle Manager Bond to ensure compliance with licensure.
Bonds Express offers an Illinois Raffle Manager 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 Raffle Manager Bond holds you accountable for your business decisions.
By possessing an Illinois Raffle Manager Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.