Senate Bill 123 was signed by Chris Christie on January 4, 2017, to assist small businesses in New Jersey. The bill was voted on unanimously and will help small businesses purchase contract surety bonds that…
Nebraska’s Department of Motor Vehicles has introduced new regulations for some driving schools conducting third-party CDL tests in the state. Regulations adopted in October require third-party CDL testers to post a $25,000 surety bond when obtaining certification….
Following the revision of regulations by the Iowa Insurance Division (IID), motor vehicle service contract companies in the state can substitute surety bonds for reimbursement insurance. The regulations were adopted in September and took effect on November 2,…
During the past year, Oklahoma, Tennessee and Wisconsin have adopted or revised various surety bond regulations regarding school choice programs. In many states, private and charter schools must maintain surety bonds to protect students in the…
As of October 15, 2016, Utah vehicle safety inspection stations will need to increase their surety bond amount to $10,000. Prior to the adoption of the new regulations by the Utah Department of Public Safety, only…