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used motor vehicle dealer

Bond Legislation Updates June 10, 2016

Louisiana Used Motor Vehicle Dealer Bond Increases

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….


Appraisal Management Companies

Bond Legislation Updates June 9, 2016

Iowa Appraisal Management Companies Need Bond

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…


consumer litigation funding company

Bond Legislation Updates June 9, 2016

Vermont Consumer Litigation Funding Company Bond Requirement

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…


Bond Legislation Updates June 3, 2016

Georgia Non-Participating Tobacco Manufacturers Need Bond

Non-participating tobacco manufacturers in Georgia will soon need to post a surety bond. House Bill 899, passed in April, takes effect on July 1, 2016. Non-participating tobacco manufacturers are those that do not sign the Master…


grain dealers

Bond Legislation Updates June 1, 2016

Kentucky Warehouseman and Grain Dealers Must Post Surety Bond

All grain dealers in Kentucky will be required to post a surety bond following the passage of Senate Bill 182. The bill removes exceptions that allowed some grain dealers to avoid a surety bond requirement. Kentucky requires separate…


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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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