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Form 27 Guardian's Bond

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Instructions and help about Form 27 Guardian's Bond

[Music] in this video we explain what a North Dakota Guardian bond is and how insurance agents can efficiently obtain them for their customers during this difficult time a North Dakota Guardian bond is a government required shy bond that ensures the ward will receive compensation for financial harm if the guardian fails to adhere to all court orders or mismanages the state's assets the limit on the North Dakota Guardian bond is determined on a case-by Case basis the bond is required for certain Guardians as a prerequisite to becoming a courta apppp appointed fiduciary and is regulated by the local Superior Court where the ward resides or has property shity companies typically determine premium rates for Guardian Bonds on a tiered structure as a result larger bond amounts will be charged charged a lower premium rate than smaller bond amounts to avoid claims made against their bonds Guardians must ensure that they are not negligent with their fiduciary duties they do not mismanag

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