Effective December 4, 2017, the New York City Department of Consumer Affairs will begin requiring all New York City car wash operators to obtain a $150,000 surety bond as part of the licensing requirements. Previously, the…
The Oregon Division of Financial Regulation is now accepting Oregon mortgage servicer license applications. The passage of Senate Bill 98 in August 2017 established the new license and regulations and, although applicants may begin applying for their license…
Oregon House Bill 2296 will increase the required well construction bond amounts for individuals drilling wells. The legislation was enacted this past August and will take effect on January 1, 2018. The Oregon Water Resources…
Effective June 1, 2017, every Georgia mortgage broker and lender issued a license by the Department of Banking and Finance must increase the amount of their surety bond to be in compliance with new requirements mandated by…
As of January 1, 2018, Illinois motor vehicle dealers and remittance agents will be subject to a substantial increase to the amount of their state-required surety bonds. Senate Bill 1556 was enacted on August 30, 2017 and increases…