Cemeteries that are limited liability companies (LLCs) in California will need to comply with the Cemetery and Funeral Bureau’s new regulations as of July 1, 2016. The Bureau’s changes to the California Code of Regulations were…
Any person owning an auto title company in Louisiana will be required to post a $100,000 bond if they have one location in the state and a $125,000 bond if they have more than one location…
Alaska Governor Bill Walker signed House Bill 247 in June, requiring oil and gas companies that are conducting exploration, development or production in the state to post a $250,000 surety bond. The bill places a cap on tax credits offered…
South Carolina pawnbrokers will need to post a $15,000 surety bond following the passage of House Bill 4090. Previously, pawnbrokers were required to post a $5,000 surety bond. The change became effective on June 9, 2016, the day the…
As several U.S.-based coal companies face declining stock prices, bankruptcies and the lowest production rates since the 1980s, their ability to honor self-bonding obligations has been called into question. There are nearly $4 billion in outstanding self-bonding obligations among…