The Kentucky legislature passed Senate Bill 153 on March 25, 2019, effectively updating the surety bond requirement for grain warehouse operators in Kentucky. The Kentucky Department of Agriculture previously based the surety bond amount on…
Colorado life care facilities must meet a certain set of standards to continue providing facility services according to state law. All facilities must post a form of security to be used as reserves to cover…
The Montana state legislature passed House Bill 107 on March 19, which changes the bond amount required for mortgage servicers to receive a license. Mortgage servicers are defined by the Nationwide Multistate Licensing System as…
With the enactment of Senate Bill 2093 on March 14, 2019, North Dakota collection agencies and money brokers are now subject to a $50,000 surety bond requirement. Previously, the bond amount was set at $25,000. Money brokers…
New regulations concerning requirements to become a licensed Kentucky consumer loan company through the Kentucky Department of Financial Institutions recently passed. Enacted on March 26, Kentucky House Bill 285 requires consumer loan companies to post…