Louisiana Structured Settlement Purchase Company Bond A new law titled SB 193 requires structured settlement purchase companies to register and post a surety bond, a letter of credit, or cash for $50,000. The bond protects persons who do business with the company and secures the company's …

Illinois Marijuana Surety Bond HB 1438 legalizes cannabis for recreational use and requires cannabis dispensing organizations to be licensed and post a $50,000 surety bond or maintain $50,000 in an escrow account.

Connecticut Public Official Bond A new law titled SB 1 requires the Paid Family and Medical Leave Insurance Authority's board of director's officers to post a $50,000 surety bond, a blanket bond covering all officers, board members, and employees, or obtain an equivalent insurance product if they …

Wyoming Trust Company Bond Due to new legislation, chartered family trust companies must obtain a $1,000,000 surety bond. Also, the surety bond required of public trust companies is now $1,000,000 (which was formerly $100,000). However, no surety bond is required of private family trust companies. …

Colorado Used Auto Dealer Bond Requirement In Colorado, SB 249 requires businesses selling used motor vehicles to be licensed and to post the $50,000 bond now required for motor vehicle dealers. A business must be licensed if the sale of the used vehicles did not exceed 20% of the business's gross …

Alabama Auto Dealer Bond Requirement Increase A new bill was enacted in Alabama titled HB 393, which changes the amount of the license bond for a new motor vehicle dealer, used motor vehicle dealer, motor vehicle rebuilder, or motor vehicle wholesaler so that it must be for not less than $50,000 or …