Effective July 1, 2016, public license tag agents with one office in Louisiana must file a $100,000 surety bond. Public license tag agents with more than one office must secure a $125,000 bond to remain in…
Effective January 1, 2016, escrow companies must file a surety bond with the Financial Institutions Division of the New Mexico Regulation and Licensing Department. SB 412 increased the minimum amount for the surety bond from $50,000…
As cases of money laundering and other fraudulent financial business practices have increased in recent years, states are cracking down on financial institutions by enforcing stricter regulations. Recently, Connecticut and Utah passed bills targeting changes…
The Hawaii State Legislature signed Senate Bill 1093 into law in April 2015. In order to obtain a mortgage servicer license, mortgage service professionals doing business in Hawaii must now post a surety bond in the amount of $100,000….
This bond requirement affects Georgia and South Dakota only. On May 12, 2015, Georgia House Bill 118 was approved and signed into law. With the enactment of this bill, third parties who provide skills tests…