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vegetation pruning permit

Bond Legislation Updates January 14, 2016

Bond Needed for Vegetation Pruning Permit in Kentucky

The Kentucky Highway Department of the Kentucky Transportation Cabinet passed amendment 603 KAR 5:155, which requires a vegetation pruning permit in order to remove or prune vegetation located next to state roadways. One requirement of the new…


driving testers

Bond Legislation Updates January 12, 2016

Surety Bond Requirement for Ohio Third-Party Driving Testers

According to Chapter 4501-47-12 of the Ohio Administrative Code, all Ohio third-party driving testers must purchase and file a $20,000 surety bond before they are licensed to operate a testing center within the state. This…


oversized vehicles

Bond Legislation Updates January 11, 2016

TxDOT Revises Bond for Oversized Vehicles in Hidalgo

The Texas Department of Transportation (TxDOT) has revised surety bond regulations in Hidalgo County regarding oversized vehicles and overweight cargo-carrying vehicles. House Bill 1969, which took effect on September 1, 2015, also added four new routes oversized…


gaming facilities

Bond Legislation Updates January 8, 2016

New York Gaming Facilities Need License and Bond

Gaming facilities in New York must now become licensed and post a surety bond. Gaming facilities include casinos and amenities contained in the facility, like restaurants and hotels. Governor Cuomo approved licenses for three multi-million…


timber sales

Bond Legislation Updates January 7, 2016

Surety Bond Now Required for Kentucky Timber Sales

New legislation in Kentucky will require winning bidders on timber sales to furnish a surety bond. Also included in the Kentucky Administrative Regulations 402-3:010 are further guidelines for timber sales. The regulations apply to timber harvested…


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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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