Practice question
An employer presents a purported surety from an issuer not duly accredited by the Secretary and says reputation alone replaces accreditation. Which requirement matters?
- The statute expressly requires due accreditation as well as reputation
- Reputation automatically repeals accreditation
- Any letter is a surety bond
- Only the employer’s satisfaction matters
- No issuer requirement exists
Legal references
- RA7730 Section1 amending Article128(b), compliance and bond: https://lawphil.net/statutes/repacts/ra1994/ra_7730_1994.html Employer appeal bond and administrative appeal.
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