In late June of 2015, the New York Department of Financial Services adopted new regulations requiring virtual currency businesses to file a surety bond and to obtain a license proving they have registered with the…
Business ownership is both rewarding and challenging, and starting from scratch is full of uncertainty. The licensing process often presents countless questions and a laundry list of costs for new entrepreneurs. Surety bonds are a…
According to the Missouri Code of State Regulations, Missouri third-party testers who administer skills tests to commercial driver’s license (CDL) applicants must purchase and file a surety bond to practice. The amount of tests administered…
Auto dealers in Missouri purchasing vehicles that do not have a title from sellers to to-resell to consumers must post a surety bond in the new amount of $100,000, effective August 28, 2015. If the…
On July 20, 2015, the Ohio legislature amended the Ohio Revised Code Chapter 1322, which included a revision to surety bond requirements for mortgage brokers and originators. Surety bond amounts are now calculated based on…