Alabama Gov. Bentley signed HB-62 into law on June 5, 2015, including a revision to the surety bond requirements for auto dismantlers and parts recyclers. The bond amount has been increased from $10,000 to $25,000…
In response to some of the inaccurate information published this past week regarding Cuomo’s nail salon wage bond mandate, SuretyBonds.com has put together a factsheet to better educate the public, policymakers and the salon owners affected. New…
Effective July 1, 2016, public license tag agents with one office in Louisiana must file a $100,000 surety bond. Public license tag agents with more than one office must secure a $125,000 bond to remain in…
Effective January 1, 2016, escrow companies must file a surety bond with the Financial Institutions Division of the New Mexico Regulation and Licensing Department. SB 412 increased the minimum amount for the surety bond from $50,000…
As cases of money laundering and other fraudulent financial business practices have increased in recent years, states are cracking down on financial institutions by enforcing stricter regulations. Recently, Connecticut and Utah passed bills targeting changes…