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  • December 29, 2022 | Michigan Vehicle Dealer Bond Increase Effective January 23, 2023
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,…


vehicle inspection

Bond Legislation Updates July 2, 2015

Vehicle Inspection Bond in Florida Increases to $100,000

The Florida House of Representatives has passed legislation on vehicle inspection bonds that will most notably increase the bond amount. Effective July 1, 2015, private rebuilt vehicle inspection facility owners in Florida have to provide…


Livestock Branders in Arkansas Now Required to Post Surety Bond, find out why and how to obtain one

Bond Legislation Updates July 2, 2015

Livestock Branders in Arkansas Now Required to Post Surety Bond

In early April, House Bill 1960 passed all respectful chambers and was signed into law. With the enactment of this bill, the Arkansas Livestock and Poultry Commission is now able to contract with private entities…


grain dealers

Bond Legislation Updates June 25, 2015

Bonding Now Required for Arkansas Grain Dealers

On March 26, 2015, Governor Asa Hutchinson enacted Senate Bill 555 requiring all grain dealers in the state of Arkansas to post a surety bond as a form of financial security. Prior to the enactment…


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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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