The passing of North Carolina House Bill 721 clarifies that surety bonds are an accepted form of performance guarantee for subdivision developers. The bill also deletes ambiguous language in the existing legislation. The bill became effective…
New Hampshire House Bill 666 went into effect on January 1, 2016, establishing licensing procedures for money transmitters in the state. The changes appear in Revised Statutes Title 36, Chapter 399-G. The enacted bill includes a…
Employers in Michigan that are required to provide workers’ compensation insurance now have another coverage option with the passing of House Bill 4362. Effective February 14, 2016, some employers will be able to partner with other employers…
Previously, mortgage professionals, such as brokers or lenders, were required to become licensed and were subject to guidelines established by the Nevada Mortgage Lending and Related Professions Act. However, Nevada mortgage servicers were not subject…
Construction flagging contractors in Oregon will soon be required to become licensed and post a surety bond following the passing of Senate Bill 596. Signed into law on June 10, 2015, the bill takes effect…