Surety Bond News

Ohio Lottery Bond

Ohio Lottery Bond

The Ohio lottery bond is put in place to ensure that principals (lottery retailers) comply with all laws, rules, policies and regulations governing the license.

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Surety Bond with Bad Credit

How to Get a Surety Bond with Bad Credit

Surety bonds are a safeguard against fraud, which is why your credit score becomes a way for bond issuers to determine how much to charge for each surety.

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Contractor License Bond

What Is a Contractor License Bond?

A contractor’s license bond serves tons of purpose for most construction projects. One of these bonds works as a surety bond, which helps both the contractor and the one receiving contracting service

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Alabama Mortgage Broker Bond

Alabama Mortgage Broker Bond

Mortgage broker bonds are agreements between a mortgage broker, a surety bond company, and the state of Alabama.

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Alabama Tax Bond Requirements

New Sales Tax Bond Requirement in Alabama

A new sales tax bond is being required in Alabama for retailers in the state. House Bill 151, which was signed into law on March 27, 2018, introduces a sales tax bond criterion for retailers applying for an initial sales tax license and those renewing an expired or cancelled license in relation to gross receipts.

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South Carolina Cigarette Distributors

Tax Surety Bond to be Required for S.C. Cigarette Distributors

The newly adopted regulation will come into effect on Jan. 1, 2019, and will require cigarette distributors to post a tax surety bond to the department.

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New Jersey Real Estate Appraisal Management Companies

Surety Bond to Be Required from NJ Real Estate Appraisal Management Companies

As of November 11, 2017, real estate appraisal management companies in New Jersey are required to obtain a surety bond in order to remain licensed. This change came into effect after Assembly Bill 1973 was passed in early May.

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Aftermath of Hurricane Harvey

The Aftermath Of Hurricane Harvey Will Rattle Construction Supply Chain

Increased demand for labor and challenges to the materials supply chain will contribute to the high cost of rebuilding after the storm Harvey, experts say. The storm has also disrupted the schedules of construction projects underway.

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Mortgage Broker Surety Bond

Mortgage Broker Surety Bond (NMLS)

Many state laws and regulations require financial services licensees to obtain a surety bond as a condition of license.

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Motor Vehicle Dealer Bond

MVD Surety Bonds

Motor Vehicle Dealer (MVD) Bond, also known as car dealer bonds, used car dealer bonds, or simply auto dealer bonds, guarantee that the car dealer manages the dealership according to the requirements of the state in which it is operating.

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