Articles by Lindsey Jenkins

Maine Motor Vehicle Dealer Bond Increase

Effective October 4, 2017, the minimum surety bond amount required for Maine motor vehicle dealers is increasing with the passage of Maine House Bill 1084 . Previously, the bond amount ranged from $5,000 to $25,000. Under the…


Alabama Money Transmitter Bond Amount Increase

Effective August 1, 2017, every Alabama money transmitter will be required to post a surety bond of at least $100,000 with the Alabama Securities Commission to be in compliance with Alabama House Bill 215. Currently, the maximum Alabama money…