Category

License Bonds

Virginia Contractors License Bond

A Virginia contractors license bond is required under certain circumstances when a contractor applies for authority to operate in the Commonwealth. The trigger for the surety bond requirement is contractor “net worth”. Virginia contractors are classified by the Department of… Continue Reading →

North Carolina Invention Development Bond

A North Carolina invention development bond is one of the items required in order to be licensed as an invention development service. Doing business in the State as an “invention developer” is defined in North Carolina General Statutes § 66-209(5). A developer is an… Continue Reading →

Illinois Highway Permit Bond (Individual and Blanket Surety Bonds)

An Illinois highway permit bond and permit are required under law (605 ILCS 5/4 209) when performing any work that encroaches or touches upon the right-of-way of an Interstate, U.S. state route, Illinois state route, or state-maintained roadway. The Illinois Department… Continue Reading →

Utah Investment Adviser Bond

A financial adviser in the state of Utah must be licensed and post an Utah investment adviser bond if he or she receives compensation for providing advice on securities and other investments. Licenses are issued by the Utah Department of… Continue Reading →

North Carolina Irrigation Contractor Bond

In North Carolina if you wish to operate as an irrigation construction or contracting firm or advertise using any title or description that implies irrigation contracting you must be licensed and provide a North Carolina irrigation contractor bond.  The North Carolina… Continue Reading →

Brewer’s Bond

The rise in the popularity of small craft breweries (microbrewers) and brewpubs has prompted many states to pass legislation requiring a brewer’s bond from operators. Until recently, the ATF’s Tax and Trade Bureau (TTB) also required breweries to file surety… Continue Reading →

Appraisal Management Company Bond

Currently over twenty states require that appraisal management companies procure and file an appraisal management company bond with the various state boards of real estate appraisal and consumer affairs agencies. Following the banking sector melt-down and subsequent crippling of financial… Continue Reading →

Professional Employer Organization Surety Bond

A professional employer organization surety bond could be the best option for you rather than constantly monitoring your working capital thresholds. Business enterprises that lack human resource and benefit management expertise employ the services of a Professional Employer Organization. “PEOs”… Continue Reading →

New Jersey Appraisal Management Company Bond

By November, 2017 all AMCs must post a New Jersey appraisal management company bond in order to conduct operations within the state. Assembly Bill 1756, originally introduced in 2013 will be implemented by the State Real Estate Appraiser’s Board and new… Continue Reading →

Florida Citrus Fruit Dealer Bond

A Florida citrus fruit dealer bond is required under state statute of brokers and dealers of all citrus products. As per F.S.S. 601.03, “Citrus fruit dealer” means any consignor, commission merchant, consignment shipper, cash buyer, broker, association, cooperative association, express… Continue Reading →

STAMP Bond ~ Medallion Signature Guarantee Program Surety Bond

Current code obligates a transfer agent to accept responsibility for irregular or improper securities registrations. When a particular security is transferred a transfer agent relies on the representations of a Medallion Guarantor. A stamp issued by a Medallion Guarantor is… Continue Reading →

Bankruptcy Auctioneer Bond

Before a bankruptcy auctioneer can be retained by a trustee he or she must file a bankruptcy auctioneer bond. A bankruptcy auctioneer is considered an “agent of the court” and is therefore regulated by specific laws to which the auctioneer… Continue Reading →

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