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copper-mines

Bond Legislation Updates February 1, 2018

New Regulations for Michigan Copper Mines

Signed into law on May 30, 2017, Michigan Senate Bill 129 establishes new licensing and financial assurance requirements for small native copper mines. The new law requires, among other things, that mine operators must post a $50,000 bond…


The requirements for New York auto dealer bonds have increased

Bond Legislation Updates January 31, 2018

New York Auto Broker Bond Requirement to Increase

Effective June 18, 2018, Assembly Bill 6884 requires New York automobile brokers to provide the New York Department of State – Division of Licensing Services with a $100,000 surety bond. The current requirement is $75,000…


New Jersey Appraisal Management Companies Now Need Bonds, find out why and how to obtain one

Bond Legislation Updates January 30, 2018

New Jersey Appraisal Management Companies Now Need Bonds

On May 11, 2017, Assembly Bill 1973—also known as the Appraisal Management Company Registration and Regulation Act—was passed into law, adding New Jersey to the list of more than 20 states that currently regulate and monitor appraisal…


Nevada Tax Preparers Now Need Surety Bond

Bond Legislation Updates January 17, 2018

Nevada Tax Preparers Now Need Surety Bonds

Nevada has joined California, Oregon, Maryland, & New York as the only states that regulate those who can prepare and submit state tax forms. The Internal Revenue Service’s stalled PTIN program has created some uncertainty for the federal…


guide to california personal lines broker-agents

Bond Legislation Updates November 15, 2017

Personal Lines Broker-Agents in California Need Surety Bonds

California Assembly Bill 1696 was passed on October 2, 2017, to add personal lines broker-agents to the state’s existing $10,000 surety bond requirement for property and casualty broker-agents. The law goes into effect on January…


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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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