December 8, 1941
TO ALL DEPARTMENTAL HEADS:
Re. Approval of Riders to be attached to Schedule Surety Bonds.
Please be advised that riders issued by the American Bonding Company do not have to be approved as to form by the Attorney General or as to surety by the Insurance Commissioner when such riders relate only to the employees covered by the schedule bond or to the amount of coverage. These riders, however, will still have to be submitted to this office for approval as to sufficiency.
The master schedule bond and any riders which may alter the terms of the bond will have to be approved as in the past.Ross L. Cunningham