Bonding Now Required for Arkansas Grain Dealers
On March 26, 2015, Governor Asa Hutchinson enacted Senate Bill 555 requiring all grain dealers in the state of Arkansas to post a surety bond as a form of financial security. Prior to the enactment…
Bond Legislation Updates
Kansas money transmitter bond increased from $500,000 to $1 million
Kansas House Bill 2216 was passed on April 29, 2015, increasing the maximum bond amount for money transmitters from $500,000 to $1 million. The bill establishes two factors as the new basis for which the State Bank…
Wage Bond Now Required for NY Nail Salons
UPDATE: Gov. Cuomo set date for all NY nail salon owners to obtain wage bond for October 6, 2015. Get a free, no-obligation quote on a NY Wage Bond below. New York has adopted more…
Bond amounts for oil and gas wells revised in Kentucky
On March 20, 2015, Kentucky Governor Steve Beshear passed Senate Bill 186 allowing for revisions to be made to the previously existing bond amounts for oil and gas wells. These new bond amounts will…
KY enacts surety bond requirement for sellers of online securities
As a result of the passing of House Bill 76, persons involved with the sale of online securities in Kentucky are now required to register with the Commission as well as post a surety bond….