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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A bond would be required to be posted in connection with review processes for tax assessments made by local authorities on the sale of tickets for spo...
HB 313: License Bond – Debt Management Services
The Uniform Debt Management Services Act of the National Conference of Commissioners of Uniform State...
A program will be established through SB 398 to provide scholarships to special needs students to attend qualified public and non-public schools. Scho...
This bond would establish a permit system for intercity bus passenger services. This would be installed in cities that have a population of one millio...
The Commissioner of Financial Institutions will now be allowed to increase the $20,000 license bond that is required under existing law for collection...
Pre-paid calling services would be regulated under this bill requiring such providers of this service to post a surety bond or other security in the a...