South Carolina recently became the 49th state to regulate money transmitters, leaving Montana the only state that has yet to do so. The Anti-Money Laundering Act will take effect one year after its June 9, 2016 passage,…
Colorado House Bill 16-1129 was signed on June 8, introducing new regulations designed to combat charitable fraud. The bill takes effect on August 10, 2016. One section of HB 16-1129 increases penalties for charitable fraud,…
Used motor vehicle dealers in Louisiana will see an increase in their surety bond amount following the passage of House Bill 271. Signed by Gov. Edwards on May 31, the bill takes effect on August 1, 2016….
Iowa House Bill 2436 now requires real estate appraisal management companies (AMCs) in the state of Iowa to obtain a $25,000 surety bond. On May 27, 2016 Governor Terry Branstad signed HB 2436 to take…
Those preparing to register a consumer litigation funding company in Vermont must post a letter of credit or surety bond equal to double the amount of their largest funded amount in the last three calendar years…