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  • August 22, 2025 | Navigating Texas SMS Marketing Laws | Senate Bill 140
  • August 20, 2025 | Minnesota Replaces PCA Program with CFSS | New Bond Requirement
  • August 13, 2025 | Behind the Scenes: Transaction Coordinator Job Spotlight
  • July 31, 2025 | Behind the Scenes: Customer Care Representative Job Spotlight
  • June 25, 2025 | Iowa Introduces New Insurance Adjuster Regulations
Missouri Creates Vehicle Rental Business Bond Requirement

Bond Legislation Updates October 16, 2019

Missouri Creates Vehicle Rental Business Bond Requirement

Under Missouri Senate Bill 368, a vehicle rental business that rents or leases motor vehicles, trailers, boats, or outboard vehicles must post a surety bond in the sum of $100,000. The Missouri Department of Revenue…


Montana Notaries Subject to Increased Bond Amount

Bond Legislation Updates October 9, 2019

Montana Notaries Subject to Increased Bond Amount

Effective as of October 1, 2019, Montana notaries must now obtain a $25,000 surety bond to comply with the new requirements established by House Bill 370. Previously, the Montana secretary of state’s office required notaries…


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…


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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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