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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HB 804: Court Bond
If the value of a personal property or estate is expected to be at least $10,000 conservators for the estate must post a surety bo...
HB 4178: License Bonds – Mortgage Loan Originators
Mortgage Loan Originators must be covered under a surety bond in the amount based on the loans ori...
HB 1913: Public Official
This bill creates the Department of Public Works for the Town of Hadley. Under this new law the Director of the Department i...
HB 1221: Permit Bond
A surety bond or other security must be posted in connection with a right-of-way permit for the installation of utilities in Was...
Illinois HB 2956/SB 1539
Under this bill real estate appraisal management companies will be required to register and post a $25,000 surety bond. This...
Alabama SB 320
Real estate appraisal management companies will be required to register and post a $25,000 surety bond. Under the regulations of this ...