(a) Type of Authorization
(i) Personal Sureties - Any individual shall be permitted to act as a personal surety in any case pending in the Circuit Court of Cook County only if authorized by the judge before whom the case is pending, after having executed and filed a schedule of property in the form approved by the judge. A copy of the schedule shall be served upon each interested party in the manner prescribed by Illinois Supreme Court Rule 11.
(ii) Civil Sureties - Any company currently licensed to act as a civil surety shall be permitted to act as surety in civil cases in the Circuit Court of Cook County only if authorized by the Chief Judge of the Court.
(iii) Guarantors - Bond Certificates - Any automobile club or association which has been in existence for a period of 18 months or more and has an actual bona-fide membership of 1500 or more, or any trade union, surety or insurance company shall be permitted to issue bond certificates to their members or assured and to act as guarantors on bond certificates so issued in the Circuit Court only if authorized by the Chief Judge of the Court.
(b) Period of Authorization - Authorization to act as a civil surety or guarantor shall be granted for a period of not to exceed 1 year.
(i) Civil - The authorization of civil sureties shall expire on the first day of July, next following the authorization.
(ii) Guarantors - The Authorization of guarantors shall expire on the first day of August, next following the authorization.
(c) Renewal of Authorization - A petition for renewal of authorization shall be filed in the same manner as an original petition for authorization.
(i) Civil - A petition for renewal of authorization for civil sureties shall be filed between April 15 and May 15.
(ii) Guarantors - A petition for renewal of authorization for guarantors shall be filed between July 1 and July 15.
No surety or guarantor under this rule shall be approved to renew the authorization to act as surety or guarantor unless the petitioner has been actively engaged in such capacity during the preceding year.
(d) Interim Authorization - Upon the filing of a petition, the court may grant the petitioner authorization to act as a surety or guarantor in the court, pending the determination of the petition.
[Amended, effective March 23, 2009.]