New regulations concerning requirements to become a licensed Kentucky consumer loan company through the Kentucky Department of Financial Institutions recently passed. Enacted on March 26, Kentucky House Bill 285 requires consumer loan companies to post…
Passed on March 26, 2019, House Bill 1440 affects the required surety bond amount for Indiana loan brokers prior to receiving or renewing a license. Previously, the amount of the surety bond had to be between $50,000…
On February 21, 2019, the state of Wyoming passed House Bill 30 to raise the amount of the surety bond required for trust companies from $100,000 to $1 million. This surety bond is required to…
Money transmitters in the state of Arkansas must adhere to new regulations to remain licensed with the Arkansas State Board of Collection Agencies. Enacted on Feb. 13, Senate Bill 187 requires money transmitters to purchase a…
On February 28, 2019, the Wyoming Legislature passed House Bill 180, which changes the required bond amount that mixed martial arts promoters need to hold matches. To hold a mixed martial arts match in the…