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Bond Legislation Updates November 7, 2016

Fayetteville, North Carolina Public Works Commission Officials Need Bond

A new law, effective this summer, requires some Fayetteville, North Carolina public officials to post surety bonds. Introduced in March 2015, House Bill 392 did not pass until June of this year with a July 1,…


north carolina money transmitter

Bond Legislation Updates October 27, 2016

Change to North Carolina Money Transmitter Bond

Signed into law in June, House Bill 289 went into effect on October 1, 2016 and amends the way that the North Carolina money transmitter bond amount is determined. Previously, the North Carolina Commissioner of…


lakeway solicitor bond

Bond Legislation Updates October 24, 2016

Lakeway Solicitor Bond Now Required

Effective immediately, a $1,000 Lakeway solicitor bond is required as part of the licensing process for anyone wishing to become a solicitor in Lakeway, Texas. In a Lakeway Council meeting on October 17, the council voted…


postsecondary

License & Permit Bond Resources October 10, 2016

Surety Bond for Nebraska Private Postsecondary Schools & Agents

Private postsecondary career schools and their recruiting agents licensed in Nebraska are required to post surety bonds. Though the regulations are not new, it’s important that schools and their agents are aware of them and in compliance. Private…


Find out more about the bond increase New York used auto dealers face

Bond Legislation Updates October 5, 2016

New York Used Auto Dealers Face Bond Increase

As a result of Assembly Bill 8166‘s passage on September 29, 2016, New York used auto dealers are now required to submit a larger bond to the New York State Department of Motor Vehicles as…


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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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