Last updated: 1/30/2025
Unconditional And Continuing Guarantee {BWC-7238}
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Description
BWC-7238 / SI-38 - UNCONDITIONAL AND CONTINUING GUARANTEE. This form is used by a parent corporation to guarantee the prompt payment of all obligations due under the Workers' Compensation laws of Ohio by its subsidiary entity, which has been granted self-insurance status. It ensures that the parent company will be responsible for paying any obligations if the subsidiary fails to do so. The guarantee remains in full force and effect until the self-insuring status of the subsidiary is cancelled or the obligations are satisfied. The form must be signed and dated by an authorized officer of the parent company, and it may also require notarization. www.FormsWorkflow.com
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