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  • May 19, 2025 | Pennsylvania Adds New Bond Requirement Under Wholesale Prescription Drug Laws
  • December 23, 2024 | SuretyBonds.com Celebrates 15 Years in Business
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  • December 29, 2022 | Michigan Vehicle Dealer Bond Increase Effective January 23, 2023
alabama money transmitter

Bond Legislation Updates June 2, 2017

Alabama Money Transmitter Bond Amount Increase

Effective August 1, 2017, every Alabama money transmitter will be required to post a surety bond of at least $100,000 with the Alabama Securities Commission to be in compliance with Alabama House Bill 215. Currently, the maximum Alabama money…


recreational vehicle dealer bond increase

Bond Legislation Updates May 30, 2017

South Carolina Recreational Vehicle Dealer Bond Increase

Effective November 19, 2017, South Carolina will begin requiring applicants seeking a recreational vehicle dealer license to have a $30,000 surety bond, pursuant to South Carolina Senate Bill 321. The legislation increases the amount of the previously required $15,000 surety…


vermont livestock dealers

Bond Legislation Updates May 22, 2017

Vermont Livestock Dealers and Packers Need Bond

Vermont House Bill 497 requires owners of livestock-related businesses, auctions and sales rings to post a bond in order to maintain their license. Pursuant to the new legislation, Vermont livestock dealers and packers have until…


montana wind generation facility

Bond Legislation Updates May 22, 2017

Wind Generation Facility Owners in Montana Need Bond

With the recent passage of Montana HB 216 , it is required that wind generation facility owners need to obtain a surety bond to secure the decommissioning of the facility. The Department of Environmental Quality will…


vermont mortgage loan solicitation bond

Bond Legislation Updates May 17, 2017

Vermont Mortgage Loan Solicitation Bond Now Required

Pursuant to Vermont House Bill 182, mortgage loan solicitation businesses must now post a mortgage loan solicitation bond through the Nationwide Multistate Licensing System & Registry in order to obtain or maintain their license. The new…


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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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