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Colorado SB 249 Creates Business Disposal License

Bond Legislation Updates October 2, 2019

Colorado SB 249 Creates Business Disposal License

Businesses in Colorado are now eligible to sell their used vehicles through the creation of the Colorado business disposal license. This new license differs from a standard auto dealer license because it authorizes general businesses…


New Mexico Broadens Pharmaceutical Licensing Requirements

Bond Legislation Updates September 25, 2019

New Mexico Broadens Pharmaceutical Licensing Requirements

Following the passage of Senate Bill 271 on June 14, 2019, The New Mexico Board of Pharmacy requires drug manufacturers, outsourcing facilities, repackagers, and third-party logistics providers to register for licensure and obtain a surety…


Minnesota Adopts Changes to Surety Bonds for Schools

Bond Legislation Updates September 18, 2019

Minnesota Adopts Changes to Surety Bonds for Schools

Post-secondary education institutions that have received conditional approval to grant degrees must obtain a surety bond. Senate Bill 2415 was passed on May 20, 2019, and contained changes relating to the types of schools that…


Washington D.C. Expands Notary Public Provisions

Bond Legislation Updates September 16, 2019

Washington D.C. Expands Notary Public Provisions

Update: Due to the ever-evolving situation regarding COVID-19, many states have enacted Executive Orders allowing notaries to perform remote notarizations. Visit our Remote Notarization blog post for up-to-date information on your state. Signed into law…


New Jersey Updates Mortgage Servicer Licensing Act

Bond Legislation Updates September 11, 2019

New Jersey Updates Mortgage Servicer Licensing Act

New Jersey Governor Phil Murphy recently signed into law nine different bills in an attempt to tackle high foreclosure rates in the state. Passed on April 29, 2019, Assembly Bill 4997—also known as the Mortgage…


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What is a surety bond?
What is a surety bond? Learn more below.
What Does It Mean to be ‘Bonded’?

What Does It Mean to Be ‘Bonded’?

The phrase “licensed, bonded and insured” appears frequently in business advertising—but what does it mean?


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