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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…


nursing homes

Bond Legislation Updates January 6, 2016

Revised Florida Bond for Nursing Homes

Effective December 21, 2015, revised Florida bond requirements for nursing homes have been established due to the passage of Rule 59A-4.103 of the Florida Administrative Code. Section 400.162 of the Florida Statutes requires that all…


georgia scrap tire

Bond Legislation Updates January 5, 2016

Georgia Scrap Tire Carrier Bond Amounts Amended

Effective November 9, 2015, the Georgia Environmental Protection Division of the Department of Natural Resources passed Rule 391-3-4-.19 requiring Georgia scrap tire carriers to obtain a surety bond in an amount of either $10,000 or $20,000, depending on…


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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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