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North Dakota has added surety bond requirements for business taxes

Bond Legislation Updates September 4, 2013

North Dakota adds surety bond requirement for business taxes

Signed into law on April 18th, 2013, North Dakota HB 1106 requires that professionals who work as tax managers for limited liability businesses post a tax surety bond to guarantee that they will pay all…


public

Bond Legislation Updates August 21, 2013

Tellico Plains, Tennessee adds surety bond requirement for public officials

Signed into law on March 7, 2013, and published just a few days later on March 13, Tennessee House Bill 75 rewrote parts of the charter of Tellico Plains. Among the changes is the inclusion…


motor fuel

Bond Legislation Updates July 22, 2013

Ohio creates tax surety bond exemption for motor fuel dealers

Enacted into law on September 8th, 2012, Ohio House Bill 508 exempts motor fuel dealers from having to post the tax surety bond previously required by the Tax Commissioner. Before the law was enacted, dealers…


No Picture

Surety Bond Education July 11, 2013

Top 10 strangest surety bonds

From bid bonds to notary bonds, there are thousands of different types of surety bonds required in the U.S. Although there were several bond types to choose from, here are the top 10 of the…


little miller

Bond Legislation Updates July 1, 2013

Arkansas amends surety bond requirements for projects under Little Miller Act

Referred to the Senate Committee on State Agencies and Government Affairs, Arkansas HB 1251 requires performance and payment bonds for the components of construction projects that fall under the Little Miller Act. For projects that…


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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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