In 2013, the North Carolina General Assembly amended N.C.G.S. 93E-2-4 to require that appraisal management companies post a North Carolina appraisal management company surety bond in the amount of $25,000 bond. The law went in to effect on January 1, 2014,… Continue Reading →
With the passage of OK Senate Bill 1929, barber school licensing parallels the licensing requirement of cosmetology schools. An Oklahoma barber school surety bond is now necessary to operate as such. A surety bond in the amount of two thousand… Continue Reading →
The State of South Dakota’s Appraisal Management Company Registration Program has been recently amended to require a South Dakota appraisal management company surety bond from EVERY registrant operating within the state. The new surety bond requirement is effective as of… Continue Reading →
If you offer immigration consultancy services in California, your license compliance just got more expensive! Applications submitted after May 30th and existing consultants must now provide a California immigration consultant surety bond in the amount of $100,000, double the previous… Continue Reading →
Effective January 1, 2014, SB 662 has amended the Business and Professions Code by increasing the minimum amount of insurance and the California Pest Control Surety Bond coverage required to be maintained by a registered company. The new minimums for registered… Continue Reading →
As of January 1st, 2014 a car wash and polishing business must post a California car wash surety bond with the only exception being for those car wash and polishing businesses that are participants in certain, specific collective bargaining agreements. Section… Continue Reading →
In order to provide professional job placement services in Indiana an applicant must register with the Commissioner of Insurance and provide an Indiana Professional Employer Organization surety bond or attest to the satisfaction of the Commissioner that the registrant possess appropriate… Continue Reading →
A newly enacted Indiana statute requires all credit services organizations, including foreclosure consultants, to file an Indiana credit services organization surety bond with the Office of the Indiana Attorney General before doing business in the state. The purpose of the… Continue Reading →
On July 12, 2013, Missouri enacted senate bill 262 requiring the licensing of health care navigators. While there is currently no #suretybond requirement, a companion bill has been introduced to require a health care navigator surety bond. This new law… Continue Reading →
Residential mortgage loan professionals must post a Oklahoma mortgage broker bond with the Oklahoma Department of Consumer Credit in order to complete the approval and licensing process. The mortgage broker surety bond is now required pursuant to the Oklahoma SAFE Act. Each… Continue Reading →
A New Hampshire Credit Services Organization bond is required by law if you propose to offer credit repair services in the state. As per the Attorney General, in 1989, the New Hampshire Legislature enacted the Credit Service Organizations Act, RSA… Continue Reading →
A Michigan premium finance company bond is required along with certain capitalization minimums before the Department of Insurance will issue an insurance premium finance company license. Pursuant to §500.1502, an “insurance premium finance company” is defined as a person engaged in… Continue Reading →
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