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  • May 19, 2025 | Pennsylvania Adds New Bond Requirement Under Wholesale Prescription Drug Laws
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professional employer organization

Bond Legislation Updates April 13, 2017

North Dakota Professional Employer Organization Bond Cap Removed

On March 24, 2017, House Bill 1237 was passed in both the North Dakota House and Senate with almost unanimous consent. The new legislation amends section 43-55-05 of the North Dakota Century Code, establishing professional employer…


nebraska money transmitters

Bond Legislation Updates April 7, 2017

Nebraska Money Transmitters’ Surety Bond Revised

Nebraska money transmitters will calculate their surety bond amount differently following the passage of Legislative Bill 186. The bill took effect with its passage on March 29, 2017. Under current law, Nebraska money transmitters must post…


kentucky combative sports promoter

Bond Legislation Updates April 4, 2017

Kentucky Combative Sports Promoter Bond Increasing

Under current Kentucky law, combative sports promoters are required to submit a $5,000 bond to the Boxing and Wrestling Commission. However, recently passed House Bill 366 introduces some changes to the licensing process—including an increase…


home service contract providers

Bond Legislation Updates April 3, 2017

Surety Bond Requirement for Virginia Home Service Contract Providers

Home service contract providers in Virginia must purchase and file a surety bond, according to House Bill 1542.  What is a home service contract provider? Under HB 1542, home service contract providers are defined as…


small craft breweries

Bond Legislation Updates March 30, 2017

New Bond for Small Craft Breweries in Mississippi

Mississippi House Bill 1322 will allow small craft breweries in the state to sell their products on the premises, for consumption on or off the premises. The bill takes effect on July 1, 2017 and includes…


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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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