Iowa Appraisal Management Companies Need Bond
Iowa House Bill 2436 now requires real estate appraisal management companies (AMCs) in the state of Iowa to obtain a $25,000 surety bond. On May 27, 2016 Governor Terry Branstad signed HB 2436 to take…
Vermont Consumer Litigation Funding Company Bond Requirement
Those preparing to register a consumer litigation funding company in Vermont must post a letter of credit or surety bond equal to double the amount of their largest funded amount in the last three calendar years…
2016 SuretyBonds.com Scholarship Winners Announced
SuretyBonds.com is excited to announce the three 2016 Small Business Scholarship winners. This year’s top young entrepreneurs are Jake Norman of Wichita, KS, Sera Levine of Kailua, HI, and Nathan Chiu of Wellesley, MA! Jake impressed voters with his involvement…
Georgia Non-Participating Tobacco Manufacturers Need Bond
Non-participating tobacco manufacturers in Georgia will soon need to post a surety bond. House Bill 899, passed in April, takes effect on July 1, 2016. Non-participating tobacco manufacturers are those that do not sign the Master…
Kentucky Warehouseman and Grain Dealers Must Post Surety Bond
All grain dealers in Kentucky will be required to post a surety bond following the passage of Senate Bill 182. The bill removes exceptions that allowed some grain dealers to avoid a surety bond requirement. Kentucky requires separate…