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  • May 19, 2025 | Pennsylvania Adds New Bond Requirement Under Wholesale Prescription Drug Laws
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postsecondary schools

Bond Legislation Updates May 3, 2017

Hawaii Postsecondary Schools Seeking Accreditation Need Surety Bond

Postsecondary schools in Hawaii will need a surety bond following the passage of House Bill 1079, which takes effect on July 1, 2017. In Hawaii, postsecondary schools are degree-granting institutions that do not include internal…


Bond Legislation Updates May 2, 2017

Washington Wholesale Vehicle Dealer License Eliminated

Washington wholesale vehicle dealers will no longer have to worry about licensing requirements due to the passage of House Bill 1722. This new law takes effect on July 1, 2017. Under the current law, the Department…


Washington Money Transmitters

Bond Legislation Updates April 24, 2017

Revisions for Washington Money Transmitters’ Surety Bond Requirement

With the passage of Senate Bill 5031, Washington money transmitters must post a surety bond to meet license bond requirements effective July 23, 2017. The bill eliminated all other forms of security that money transmitters were previously able…


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…


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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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