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  • May 19, 2025 | Pennsylvania Adds New Bond Requirement Under Wholesale Prescription Drug Laws
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  • December 29, 2022 | Michigan Vehicle Dealer Bond Increase Effective January 23, 2023
Motor Vehicle Inspectors

Bond Legislation Updates May 26, 2016

Arizona Motor Vehicle Inspectors Must Post Bond

On May 17,  House Bill 2444 was passed by the Legislature of the State of Arizona. HB 2444 requires motor vehicle inspectors conducting level one inspections to be bonded for not more than $25,000. This bond is specifically for…


mississippi credit

Bond Legislation Updates May 24, 2016

Mississippi Credit Availability Lenders Must Be Bonded

Senate Bill 2409, known as the Mississippi Credit Availability Act, passed on May 13, 2016 and will take effect on July 1, 2016. The Act establishes licensing and bonding procedures for payday lenders, referred to in…


mma

Bond Legislation Updates May 17, 2016

New York Implements Bond for MMA Match Promoters

New legislation in New York will require professional wrestling match promoters and hosts of combative sports matches—including mixed martial arts (MMA)—to post surety bonds. S 5949A passed in April and will take effect on September 1,…


kentucky pharmacy benefit managers

Bond Legislation Updates May 16, 2016

License Required For Kentucky Pharmacy Benefit Managers

Kentucky Senate Bill 117 requires all Kentucky pharmacy benefit managers to get licensed by the Kentucky Department of Insurance to practice in the state. To get licensed, you must purchase and file a $1,000,000 surety…


charter school

Bond Legislation Updates May 9, 2016

New Bond Legislation for Oklahoma Charter Schools

Charter schools established for those incarcerated at juvenile detention centers in Oklahoma may be required to purchase a surety bond following Senate Bill 1069‘s passage. The bill modifies legislation that had established the Office of Juvenile Affairs (OJA) as…


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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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