Court Rules - Particular Civil Proceedings - Bonds and Sureties
III. PARTICULAR CIVIL PROCEEDINGS
ARTICLE 12: BONDS AND SURETIES
(a) Bond Certificate: A certificate acceptable in lieu of bail for traffic violations, as authorized under provisions of Supreme Court Rules 501 et seq.
(b) Civil Surety: Any company currently licensed as a surety under the Illinois Insurance Code.
(c) Personal Surety: Any individual not licensed as a surety and not regularly engaged in the business of acting as surety or guarantor for the performance of an act of another.
12.02 AUTHORIZATION TO SERVE AS SURETY
(a) Civil Sureties: Bond with a civil surety will be approved only if a current, certified copy of the surety's license (issued under the Illinois Insurance Code or the Illinois Bail Bond Act) is on file with the Clerk of the Circuit Court, and a verified power of attorney or certificate of authority for each person authorized to execute bonds for the surety is attached to the bond.
(b) Personal Sureties: The Court may require that any personal surety execute a schedule of property in a form approved by the Court. If the person offered as a surety is accepted by the Court, the schedules of property shall be filed with the bond, and shall be served upon all opposing parties in the manner prescribed by Supreme Court Rule 11 within forty-eight (48) hours after the Court accepts the surety.
(c) Period of Authorization: Authorization to act as a surety shall be granted not to exceed one year, and in any event shall expire on the first day of the July next following the authorization.
(d) Renewal of Authorization: A petition for renewal of authorization shall be filed between the first and fifteenth days of April preceding the expiration of authorization.
(e) Interim Authorization: Upon the filing of a petition, the Court may grant the petitioner authority to act as a surety on bonds in the Court pending determination of the petition.
12.03 PETITION AND HEARING FOR AUTHORIZATION
(a) Civil Surety: To obtain authorization to act as a civil surety in the Court, the applicant shall file a verified petition for authorization stating that the petitioner has complied with all applicable laws and regulations. There shall be attached to the petition:
(1) A certified copy of the license issued to the petitioner, attested by the Director of Insurance;
(2) A verified statement of its assets and liabilities at the close of business on the 31st day of December of the preceding year or at any subsequent date prior to the filing of the petition;
(3) Power of attorney or certificates of authority for all persons authorized to execute bonds for the petitioner in the Court, in a form approved by the Court;
(4) A verified schedule of all actions pending in any court against the petitioner at the time of the filing of the petition upon bonds executed by it in the courts of record in Illinois; the schedule shall state the title and number of the action, the names of the attorneys of record, the amount claimed, the nature of the claim, and the reasons for contesting the claim; and
(5) A verified schedule of all claims of liability, not the subject of any pending action, which have been made against the petitioner and are undischarged at the time of the filing of the petition, upon bonds executed by the petitioner in the court of record in Illinois; the schedule shall state the name of the claimant, the amount claimed, the nature of the claim and the reasons for contesting the claim.
(b) Foreign Acknowledgments: Acknowledgments and affidavits presented under Rule 12.03 which have been executed outside the State shall be accompanied by a certificate of the proper keeper of records, under the seal of the keeper of records' office, stating that the person before whom the acknowledgment was made or by whom the oath was administered was duly authorized to take acknowledgments or to administer oaths, and that that person's signature is believed to be genuine.
(c) Notice: Upon the filing of the petition, the Court, upon motion, will set the petition for hearing at a specified time not earlier than fifteen (15) days after the date of filing. The Clerk of the Court shall then publish notice in a newspaper of general circulation in the County of the pendency of the petition showing the date set for hearing.
(d) Objection: Any person may file written objections to the petition with the Clerk of the Court not less than ten (10) days before the date set for hearing, stating the reasons why the petition should not be allowed. The petitioner may file its answer to the objections not later than five (5) days before the date set for hearing. A copy of the objections shall be served upon the petitioner, and a copy of the answer shall be served upon the objector, not later than the time of the respective filings.
(e) Hearing: The petitioner and the objector may introduce evidence at the hearing. If the Court finds that the petitioner has not complied with Rule 12.03 or that the petition should be disallowed, the petitioner shall be disqualified from acting as surety in the court until further order of the Court.
(f) Change of Agents: A civil surety may file a supplemental petition to change the persons authorized to execute bonds in its behalf.
12.04 REVOCATION OF AUTHORIZATION
The Court, upon its own motion or upon request of any person, may at any time enter a rule upon any civil surety in the Court to show cause why its authorization should not be revoked. The order entering the rule shall set a date, not less than thirty (30) days after the entry of the rule, for hearing upon the return of the rule. The Clerk of the Court shall serve notice of the entry of the rule and of the date set for hearing of the return upon the surety. The return shall contain the information required by Rule 12.04 for original petition for authorization to act as surety. It shall be grounds for revocation that the surety failed, without justification, to discharge an obligation without delay when liability became absolute or was determined by final judgment or interposed a frivolous or unmeritorious defense upon a bond executed by it.
12.05 JUSTIFICATION OF SURETIES
Any persons assured by a bond executed in this Court may by motion request the sureties to justify. The motion shall be accompanied by an affidavit showing grounds for believing the sureties to be insufficient, the manner of inquiry and the facts ascertained. If the Court finds that the affiant's belief is well-founded, it may order that either the sureties shall justify within a time specified or a new bond be furnished with sufficient sureties.