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freight broker bonds

Bond Legislation Updates July 30, 2015

Third Party CDL Testers Now Required to Post Surety Bond

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…


freight broker

License & Permit Bond Resources July 21, 2015

The Quick Guide to Freight Broker Bonds

Looking for a quick guide for how to register as a freight broker and comply with federal rules and regulations? This article explores the procedures for broker registration, options for security requirements and noteworthy details of the freight…


contractors

Bond Legislation Updates July 17, 2015

North Dakota increases surety bond amount for water well contractors

In June of 2015, ND Senate Bill No. 2189 was signed into law requiring well water contractors in North Dakota to post a $15,000 surety bond. Previously, contractors who worked with water wells, monitoring wells,…


loan

Bond Legislation Updates July 16, 2015

New Hampshire Mandates Loan Lender Bond

New Hampshire has revised its bonding requirements for small loan, title loan, payday loan and closed-end loan lenders to now require $25,000 surety bonds to attain licensure as a lender. Former legislation required either proof that the…


construction

Bond Legislation Updates July 8, 2015

Illinois Set to Enact Lien Bond Requirement

The 99th Illinois General Assembly has sent a bill to the governor’s office that, if approved, would establish a lien bond as a substitute for real property as the security for the lien. The bill,…


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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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