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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The May 21, 2009 enactment of HB 358 created the position of county manager for Jefferson County, Alabama. In order to legally do business in Jefferso...
Enacted on May 13, 2009, Alabama House Bill (HB) 184 increased the bond amount that can be required by the State Board of Heating and Air Conditioning...
Despite a large spike in 2007 of state legislation for public private projects (PPPs), last year saw a significant decrease in the number of states th...
The Uniform Trust Code (UTC) was created by the National Conference of Commissioners on Uniform State Laws in order to create a uniform code for commo...
According the recently enacted Kansas House Bill 2315 (HB 2315), home inspectors are now required to register with the Home Inspectors Registration Bo...
Today, a majority of surety bonds are purchased by principals through surety bond producers, also referred to as surety bond agents. This does not onl...