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Surety Bond News
  • October 21, 2025 | FMCSA Enforces Financial Responsibility Rules in 2026 for BMC-85 Trusts
  • September 9, 2025 | Massachusetts Updates Money Transmitter License & Bond Requirements
  • August 29, 2025 | Oregon Increases Bond Amount for All Landscape Contractors 
  • August 22, 2025 | Navigating Texas SMS Marketing Laws | Senate Bill 140
  • August 20, 2025 | Minnesota Replaces PCA Program with CFSS | New Bond Requirement
rhode island

Bond Legislation Updates August 3, 2016

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…


manufactured home dealers

Bond Legislation Updates July 27, 2016

License and Surety Bond Required for Illinois Manufactured Home Dealers

Illinois manufactured home dealers must be licensed following the passage of House Bill 1056. The legislation took effect on July 22, 2016, the day it was signed into law by Gov. Bruce Rauner. HB 1056 introduces licensing…


New Mexico money transmitters

Bond Legislation Updates July 26, 2016

New Mexico Money Transmitters Face New License Requirement

House Bill 250, also known as the New Mexico Uniform Money Services Act, effective as of January 1, 2017, requires all New Mexico money transmitters to become licensed and submit a surety bond. Before the passage of…


viatical settlement

Surety Bond News July 20, 2016

Bond Increase for Nebraska Viatical Settlement Brokers and Providers

Viatical settlement brokers and providers in Nebraska will need to post an increased surety bond following revisions to the Nebraska Revised Statutes (NRS). Their required surety bond amount increased from $50,000 to $250,000. There is a small…


bingo

Bond Legislation Updates July 19, 2016

New Hampshire Carry-over Coverall Bingo Halls Must Post Bond

On March 18, 2016, Governor Maggie Hassan signed Senate Bill 144 which will require carry-over coverall bingo halls in New Hampshire to post at least a $50,000 surety bond. SB 144 will go into effect…


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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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