California Assembly Bill 1696 was passed on October 2, 2017, to add personal lines broker-agents to the state’s existing $10,000 surety bond requirement for property and casualty broker-agents. The law goes into effect on January…
Effective December 4, 2017, the New York City Department of Consumer Affairs will begin requiring all New York City car wash operators to obtain a $150,000 surety bond as part of the licensing requirements. Previously, the…
The Oregon Division of Financial Regulation is now accepting Oregon mortgage servicer license applications. The passage of Senate Bill 98 in August 2017 established the new license and regulations and, although applicants may begin applying for their license…
Oregon House Bill 2296 will increase the required well construction bond amounts for individuals drilling wells. The legislation was enacted this past August and will take effect on January 1, 2018. The Oregon Water Resources…
Effective June 1, 2017, every Georgia mortgage broker and lender issued a license by the Department of Banking and Finance must increase the amount of their surety bond to be in compliance with new requirements mandated by…