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well operators

Bond Legislation Updates April 11, 2016

Bond Amounts for Missouri Oil and Gas Well Operators Increase

New Missouri legislation adopted on February 1, 2016 increases the surety bond amounts for oil and gas well operators with single wells and amends the previous blanket bond amounts for operators using a single bond to…


Legal financing

Bond Legislation Updates April 7, 2016

Legal Financing Companies in Indiana Must Post Surety Bond

Indiana is the latest state to enact regulatory measures for legal financing companies. Civil proceeding advance payment (CPAP) providers in Indiana will need to purchase a surety bond and become licensed. CPAP providers offer funding…


daily fantasy sports

Bond Legislation Updates April 4, 2016

Indiana Introduces Bond Requirement for Daily Fantasy Sports

Indiana has joined Virginia and Kansas in declaring daily fantasy sports legal. Senate Bill 339 goes into effect on July 1, 2016, but companies can continue to operate in the state as they apply for licensing. Like Virginia’s Fantasy Contests…


Idaho appraisal management companies

Bond Legislation Updates March 29, 2016

Idaho Appraisal Management Companies Now Need Bond

On March 23, Idaho Governor C.L. “Butch” Otter signed into law Senate Bill 1318, requiring all Idaho appraisal management companies to submit a $25,000 surety bond to the Idaho Bureau of Occupational Licenses – Real Estate Appraisal Board…


off-road vehicle dealers

Bond Legislation Updates March 23, 2016

Off-Road Vehicle Dealers in South Dakota Need Bond

Motorcycle and off-road vehicle dealers in South Dakota will now be required to obtain a license and a surety bond to legally conduct business. House Bill 1083 was passed on March 7, 2016 and also mandates that…


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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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