When is a bond rider not used to make changes on a continuous bond?
A. Principal ABC, Inc. changes its name to BCD, Inc.
B. Principal Suzanne Morris decides to do business under the trade name Team Coco.
C. Principal Piñatas Inc changes their address from 123 1st St. to the address across the street.
D. Principal HTR Corp. dissolves and forms a new corporation.
E. Principal ABC, Corp. shuts down one of its affiliated unincorporated subsidiaries and has it removed from the bond.
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The Answer is: D
Citation: 113.24
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