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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
Effective January 1st, 2017 the State of Iowa has begun the regulation of appraisal management companies. Among other licensing qualifications and requirements, an AMC must also post an Iowa appraisal management company surety bond. The Iowa Division of Banking is… Continue Reading →
Minnesota statute (80A.41 Section 102) defines an “Investment adviser” as a “person that, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or the advisability of investing in, purchasing,… Continue Reading →
For many years the state Pawnbroker Act has required a South Carolina pawnbroker bond, one of several requirements for licensing a pawn shop. Recent legislation has continued the suretyship requirement and increased the amount of bond. The state statute defines a… Continue Reading →
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