Change to Arizona Home Inspectors’ Surety Bond
Home inspectors in Arizona should be aware of changes to their surety bond requirement. Senate Bill 1422 is in effect as of August 1, 2016, and makes some adjustments to the mandated bond. SB 1422…
New Bond Mandated for Maryland Structured Settlement Transfers
Maryland Senate Bill 734 was passed earlier this summer and will take effect on October 1, 2016. The bill amends procedures for the transfer of structured settlements in the state, adding a surety bond requirement for the…
Louisiana Amusement Ride Owners Must Post Bond
Amusement ride owners or operators are required to post a surety bond. The amount of the bond must be at least $1 million. Governor John Bel Edwards signed House Bill 1133 into effect on August…
Changes for Missouri Retail Sales and Use Tax Bond
Missouri Senate Bill 823 was passed in June and takes effect August 28, 2016, changing the way retailers’ sales and use tax bond amount is calculated. Under current law, Missouri retailers must purchase a surety bond that is…
Rhode Island Non-regulated Power Producer Surety Bond Changes
Recently, Rhode Island legislators passed House Bill 8331, which sets minimum and maximum dollar amounts for non-regulated power producers’ required surety bond. The bill took effect with its passage on July 15, 2016. Previously, there was…