A license from the State Licensing Board for Residential and General Contractors and a Georgia general contractor bond are required for two of the four classes of G.C. bond in the State. Pursuant to Georgia law (O.C.G.A. § 43-41 and… Continue Reading →
In Arkansas, an insurance agent that offers surplus lines placements must be properly licensed and provide an Arkansas surplus lines broker bond. Insureds unable to secure insurance coverage through a carrier licensed to do business in Arkansas (an “admitted” company) may obtain coverage on… Continue Reading →
Do you have the statutorily required ERISA bond in place? Federal ERISA section 412 and related regulations (29 C.F.R. § 2550.412-1 and 29 C.F.R. Part 2580) require that every fiduciary of an employee benefit plan and every person who handles funds… Continue Reading →
Un fideicomiso es un contrato o convenio en virtud del cual una persona, llamada fideicomitente transmite bienes, cantidades de dinero o derechos, presentes o futuros, de su propiedad a otra persona, llamada fiduciaria para que ésta administre o invierta los bienes en beneficio… Continue Reading →
In Arizona an insurance managing general agent must provide an Arizona managing general agent bond and be approved by the Arizona Department of Insurance. Arizona statute defines a managing general agent as an individual or business entity utilized by an insurer… Continue Reading →
If you operate a small sand pit or gravel pit you are not exempt from state and federal reclamation bond requirements. Reclamation planning and bonding is not just for the “big guys”. Even very small sand and gravel pit operations are responsible… Continue Reading →
The transportation of alcoholic liquors within, into or through the State of West Virginia must be in compliance with State Code §60‐6‐12, and Legislative Rule §175‐ 1‐7.1, which includes the posting of a West Virginia liquor transportation bond. Transport of… Continue Reading →
A vehicle license tag agency in Louisiana must be licensed and post a Louisiana public license tag agent bond. Pursuant to Louisiana law each public license tag agent other than a municipal governing authority shall provide a surety bond in… Continue Reading →
In North Carolina, if you wish to operate a proprietary business school, proprietary trade school, proprietary technical school, or correspondence school you must file a North Carolina private proprietary school bond and obtain authorization to operate from the State Board… Continue Reading →
To sell automobiles in the District of Columbia you must be licensed and provide a DC motor vehicle dealer bond. The dealer license is issued by the DC Department of Consumer & Regulatory affairs. DC rules require that an applicant comply… Continue Reading →
In Kentucky, an insurance agent the offers surplus lines placements must be properly qualified and provide a Kentucky surplus lines broker bond. Insureds unable to secure insurance coverage through a carrier licensed to do business in Kentucky (an “admitted” company) may obtain coverage… Continue Reading →
If you open an enterprise in the State of California subject to subject to the collection of sales tax you may be required to provide a California sales tax bond, also referred to as a California bond of seller The… Continue Reading →
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