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third party certification

Bond Legislation Updates April 21, 2015

Recent amendments create third party certification entity bond requirement in Illinois

Beginning July 1, 2015, new rules concerning the issuance of commercial drivers licenses (CDL) will be enforced by law in the state of Illinois. The U.S. Department of Transportation will now require all current and…


Image of a farm at sunset

Bond Legislation Updates April 16, 2015

Newly Enacted California Law Requires Surety Bond from Foreign Labor Contractors

In a continuing effort to improve human trafficking regulation within California, the state enacted the California Foreign Labor Recruitment Law. The bill, SB 477, prohibits foreign labor contractors in California to charge workers recruitment fees….


preneed funeral

Bond Legislation Updates April 16, 2015

Mississippi preneed cemetery contract sellers subject to new surety bond requirement

With the proposal of House Bill 677, an amendment to section 41-43-47 of the Mississippi Code of 1972 would require all applicable cemetery owners who are subject to the obligations stated in the same section…


sewage treatment systems

License & Permit Bond Resources April 14, 2015

Ohio to Implement New Bonding Provisions for Sewage Treatment Systems

Effective January 1, 2015, sewage contractors in Ohio have to obtain a bond or other equivalent security from the Ohio Department of Health. Installers, service providers and septage haulers for household sewage systems have to…


internet website operators

Bond Legislation Updates April 10, 2015

Indiana Internet Website Operators Subject to New Surety Bond

The Securities Division has enacted emergency provisions for operators of Internet websites in Indiana. Operators of funding portals are now required to register with the Securities Division and post a surety bond of at least…


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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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