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WHAT HAPPENS IF THERE IS COLLATERAL THAT IS SECURING THE BOND, IF NON-PAYMENT OCCURS AFTER ONE YEAR?

Bond collateral happens non-payment occurs SECURING year
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WHAT HAPPENS IF THERE IS COLLATERAL THAT IS SECURING THE BOND, IF NON-PAYMENT OCCURS AFTER ONE YEAR?

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Collateral will remain in the possession of the bond company until receipt of payment. Once payment has been received collateral will be returned.

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