This is a legal form that was released by the Missouri Department of Labor and Industrial Relations - a government authority operating within Missouri. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is the MODES-4252 Surety Bond?
A: The MODES-4252 Surety Bond is a financial guarantee for the payment of contributions in Missouri.
Q: Who can use the MODES-4252 Surety Bond?
A: Employers in Missouri who need to provide a financial guarantee for the payment of contributions can use the MODES-4252 Surety Bond.
Q: Why would an employer need to post a surety bond?
A: In certain cases, the Missouri Division of Employment Security may require employers to post a surety bond to ensure the payment of contributions.
Q: How can an employer obtain the MODES-4252 Surety Bond?
A: Employers can obtain the MODES-4252 Surety Bond from a licensed surety bond company or insurance provider.
Q: Is the MODES-4252 Surety Bond refundable?
A: The MODES-4252 Surety Bond is not refundable, even if the employer later becomes exempt from the bond requirement.
Q: What happens if an employer fails to pay contributions?
A: If an employer fails to pay the required contributions, the surety bond can be used to compensate for the unpaid amounts.
Q: How much coverage does the MODES-4252 Surety Bond provide?
A: The coverage amount of the MODES-4252 Surety Bond is determined by the Missouri Division of Employment Security based on the employer's liability.
Q: Are there alternative options to the MODES-4252 Surety Bond?
A: Yes, employers can also provide an irrevocable letter of credit or a cash deposit as an alternative to the surety bond.
Q: Does every employer in Missouri need to post a surety bond?
A: No, the requirement to post a surety bond depends on certain factors, such as the employer's history of payment and financial stability.
Form Details:
Download a fillable version of Form MODES-4252 by clicking the link below or browse more documents and templates provided by the Missouri Department of Labor and Industrial Relations.