Coverage of the latest license bond news—new legislation, updated bond requirements, and everything else you need to know about license and commercial bonds. Need to get a license bond or have a business that needs to be bonded? We also offer tips for getting bonds, scaling your business, and finding the best surety bond company.
For specific bond information, check out our license bond guides. We offer guides for auto dealer license bonds, contractor license bonds, and more.
The Idaho Department of Lands adopted revised regulations that increase the maximum amount of the performance bond required to secure reclamation for surface mining sites from $2,500 per acre of affected land to $15,000 per acre of affected land to implement a change in the law from 2016. The …
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The New Surety Bond Requirement A new bill titled LB 382 requires real estate appraisal management companies in Washington, D.C. to register and post a surety bond for not more than $25,000. Get a Free Quote Instantly Online If you're ready to get a free surety bond quote to meet this new surety …
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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 …
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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.
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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 …
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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. …
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