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 441: Tax Bond
HB 441 will require the principal to obtain a surety bond in connection with an expedited refund on a sale and use tax refund claim....
Home Food Service Plans Act SB 117 requires sellers of this plan to be licensed and to always post a surety bond from a surety company licensed in the...
Farm labor contractors and garment manufacturers in California may be required to post a bond at the time of their license/registration renewal to sec...
Arkansas changed their current law regarding Money Transmitters. The State eliminated any other form of security besides a surety bond. Surety Bonds...
Arkansas revised their current law for combative sports events which now requests a surety bond in the amount of $1,000. The combative sports that fa...
Effective June 1, 2009, Alabama Mortgage Loan Originators are required to be licensed and to obtain a surety bond. They may be covered under their em...