Passage of HB 2806 and signing by the Governor has now made the West Virginia appraisal management company bond a statutory requirement for operating within the state. The new law defines AMCs and their services as a person or firm that… Continue Reading →
An Indiana highway permit bond is required by the state department of transportation in conjunctions with permit applications for projects and/or work that interferes with or encroaches upon roads, streets and highways. Common permit types are Right of Way permits… Continue Reading →
An Illinois insurance producer bond is required for licensing as an insurance agent when the producer is acting in the capacity of an independent broker. Pursuant to Sec. 500-130, a producer who places insurance with an insurer with which he does not… Continue Reading →
An Idaho fuel distributor bond is required and must be filed with a distributors license application before commencing operations within the state. “Distributor” means any person who receives motor fuel in to Idaho. This includes a special fuels dealer, however any… Continue Reading →
Unless waived by a will and excuse by the court an Illinois administrator bond is required of administrators and personal representatives before letters of administration can be issued. Pursuant to Illinois Code, before undertaking the representative’s duties, every individual representative must… Continue Reading →
Where previously not required AMC licensees must now maintain a Louisiana appraisal management company bond in full force and effect with the licensing agency in order to operate. Louisiana statute defines an appraisal management company as any corporation, partnership, sole proprietorship,… Continue Reading →
According to the Surety & Fidelity Association of America, an Alabama Waste Treatment Surety Bond is a proposed requirement for certain treatment facilities as part of the permitting requirements. Waste treatment facilities that accept and process “industrial waste” may be… Continue Reading →
A Hawaii private detective agency bond is required from each private detective, security guard or detective agency on the island before a license will be issued. Hawaii code defines a “private detective” as a person licensed under Chapter 463 HRS, a… Continue Reading →
Insurance intermediaries that finance insurance premium must provide a Georgia premium finance company bond, among other specific licensing requirements. Georgia las defines an “insurance premium finance company” as a person engaged in the business of entering into insurance premium finance agreements by… Continue Reading →
A Colorado mortgage loan originator bond is required in one of three separate forms when applying for a license to originate mortgage loans in the state. While there are multiple prelicensing education, background investigation, examination and financial responsibility requirements, of the surety… Continue Reading →
A Florida pawnbroker bond is required from new applicants for a pawnbroking license where sufficient net worth of the applicant may be in question. Florida law defines a “pawnbroker” as any person who is engaged in the business of making… Continue Reading →
Generally, a DC motor fuel bond is required of all distributors of motor fuels within the District of Columbia. Because there is no such thing as “local production in the District, fuel operators are “importers” as contemplated under the Code…. Continue Reading →
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