Surety Bonds Blog
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At the center of the surety bond process is the obligee—the party who requires the bond. While much attention is often given to the principal (the party who must fulfill an obligation) and the surety (the company that backs the bond), the obligee plays a critical and often overlooked role. This is t...
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Despite efforts to overturn elements of the MAP-21 law pertaining to the increase in the BMC-84 Bond from $10,000 up to $75,000, the FMCSA (Federal Mo...
Lance Surety Bond Associates, Inc. is now able to offer free quotes to freight brokers in need of the $75,000 BMC-84 Bond (formerly ICC Bond). Our pro...
Arkansas Senate Bill 934
This new legislation requires new recreational vehicle dealers to be both licensed and post a surety bond. Dealers are rec...
Montana HB 117
This recently enacted law mandates a minor change to the current Montana Escrow Services Surety Bond requirement. The state will now ...
Arkansas Senate Bill 60
This new enactment requires an increase in the surety bond amount required for Collection Agencies or Debt Collectors operati...
Arkansas SB 776
This new state senate bill mandates that dealers of low speed vehicles (i.e. motorcycle dealer, motor vehicle lessors, and all-terra...