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nonresident employers

Bond Legislation Updates March 20, 2017

Nonresident Employers in Wyoming Face Surety Bond Increase

Wyoming nonresident employers’ surety bond amount will increase following the passage of House Bill 221. The Insider covered this bill before it was passed in Part 3 of last month’s legislation watch series. Nonresident employers are those…


student loan servicers

Bond Legislation Updates March 15, 2017

D.C. Student Loan Servicers Need Surety Bond

Washington, D.C. student loan servicers will need to post a surety bond following the passage of B21-0877. Student loan servicers handle billing and other services like loan consolidation and repayment plans. The bill became law…


Private career schools in New Jersey need a surety bond

Bond Legislation Updates March 8, 2017

Surety Bond Required For Private Schools In New Jersey

New Jersey private career schools must purchase and file a surety bond that is $20,000, or 5% of the annual gross tuition income from the previous 3 years, whichever amount is greater. Private career schools…


auto industry

Licensing Guides February 2, 2017

Types of New York Auto Industry Professions

In the state of New York, there are several licenses you can obtain to be a part of the state’s auto industry. Find out more about the various licenses you can obtain through the Department of…


Tips for New York Used Auto Dealers

Surety Bond News January 17, 2017

Legal Tips For New York Used Auto Dealers

Used auto dealers in New York must purchase and file a surety bond for licensure. The required surety bond coverage amount depends on the type of dealership and certain business circumstances but can be up…


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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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