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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Enacted on May 22, 2009, Alabama SB 111 mandated a couple of changes to the surety bond requirements for public officials in every county. Under the n...
The following surety bond requirement is outlined in Alabama HB 428.
As of August 1, 2009, all proprietary schools in the state of Alabama are requir...
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...