Oregon Landscape Contractor Bond Increase
The newly passed Senate Bill 580 amends Section 13 of ORS 671.690 by creating a new bond tier in order to protect consumers from any harm resulting from the actions of a landscape contractor. The maximum…
Oregon Restoration Contractors Need Surety Bond
As covered previously by the Surety Bond Insider, new legislation signed into law last June becomes effective on January 1, 2016. This new law, Senate Bill 574, requires that all restoration contractors in Oregon must…
California Requires Bond for Title Companies Providing Escrow Services
Underwritten title companies in California that engage in escrow business or act as escrow agents must now post a surety bond. Assembly Bill 704 introduces the new regulation, effective July 1, 2016. The bill will…
Surety Bond Required For Louisiana Home Service Contractors
Louisiana home service contract providers must adhere to regulations outlined in Louisiana Senate Bill 152. Among these requirements, SB 152 includes a provision requiring the purchase of a surety bond. Home service contract providers must…
Indiana Public Officials Must Post Surety Bond
Indiana public officials must adhere to new surety bond requirements set forth in Senate Bill 393. Section 2 of SB 393 modifies Section 5-4-1-18 of the Indiana Code and adds additional individuals who must be bonded. Section 3 of the…