As in most states where regulated, an Arkansas collection agency bond is required of persons and entities engaging in collection activity. Arkansas statutes defines a collection agency as any person who works with or employs one or more other persons, or… Continue Reading →
As an adherent to the international protocols, an Arizona IFTA bond is required by the state for carrier operators. IFTA (International Fuel Tax Agreement) is a treaty between forty eight U.S. states and ten canadian provinces which greatly simplifies the… Continue Reading →
In addition to new license protocols, an Alaska mortgage broker bond is required from ALL mortgage loan professionals that wish to do business in the state. “Mortgage brokering” activity means any person or enterprise who for compensation directly or indirectly arranges… Continue Reading →
Companies offering insurance premium financing must provide an Alabama premium finance company bond and fulfill all statutory requirements before commencing business operations. Alabama defines an insurance premium finance company is a person engaged in the business of entering into agreements by which… Continue Reading →
Unable to provide your county clerk with a title assignment? A Wyoming title bond will support your efforts to obtain clear titling in lieu of proper title transfer documentation. There are particular steps that you must take to obtain a… Continue Reading →
A Wisconsin employment agency bond is required by state statute from ONE of two classes of agency license. Wisconsin §105.01 defines “employment agent” as any person who furnishes to others seeking employment, information enabling or tending to enable such persons to secure… Continue Reading →
Pursuant to state law a West Virginia motor vehicle dealer bond is required of ALL dealerships, whether engaged in the sale of new or used autos. Pursuant to §17A-6-1,”new motor vehicle dealer” means every person other than agents and employees while… Continue Reading →
Both resident and out-of-state operators must provide a Washington collection agency bond before offering debt collection services within the state. The law defines “collection agency” as: (a) Any person engaged in soliciting claims for collection, or collecting or attempting to collect… Continue Reading →
Many freight forwarders and property brokers are having difficulty understanding the BMC-84 freight broker bond requirement. The surety bond requirements were revised under the new highway reauthorization law (MAP-21). The BMC-84 surety bond amount has been increased from $10,000 to $75,000. The… Continue Reading →
An electrical contractor license applicant will need a North Carolina letter of bondability in order to receive a license to operate in the state. Licensing is required of anyone that engages in the business of installing, maintaining, altering or repairing any… Continue Reading →
An E&S broker must provide a Virginia surplus lines broker bond the the Bureau of Insurance before a license can be issued for operation in the Commonwealth. No person other than a licensed surplus lines broker may sell, solicit, or negotiate… Continue Reading →
Unless exempted a Vermont mortgage broker bond is required from any company or person who for compensation or gain negotiates, places, assists in placement, finds or offers to negotiate, place, assist in placement or find mortgage loans, other than commercial… Continue Reading →
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