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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Nebraska LB 157 will revise the current bond requirements for conservators. Under current law the court is authorized to require a conservator to post...
Taxes will be imposed on the extraction of natural gas in Pennsylvania through this bill. Under this bill the Department of Revenue would be authorize...
This requires contractors who are performing on construction contacts to have to subcontract any construction work outside the scope of its license to...
The bond amount for employment agencies will be increased through this bill. This is under existing law from $5,000 to $20,000. A surety bond is requi...
Boat dealers will be required to be licensed and to also post a surety bond in the amount of $50,000 from a corporate surety company. The bond will be...
Under a new assembly bill the security requirement for service contract providers will be appealed. Currently the law requires the provider to post so...