The Texas Secretary of State requires any person or business who operates as a collection agency must provide third party debt collector bond to the Secretary of State. The debt collector bond requirement is $10,000. Careful! Collection activity can also fall under debt management. A debt… Continue Reading →
Pursuant to Alaska statute AS 08.18.011 constructions contractors must provide either a $10,000 Alaska general contractor bond, a $5,000 specialty contractor bond, or a $5,000 mechanical contractor bond to the Alaska Department of Commerce. The contractors obligation is to pay all taxes… Continue Reading →
HVAC specialty contractors in Idaho must provide the Division of Building Safety a $2,000 an HVAC compliance bond, also known as an HVAC contractors certification bond. The obligation ensures that the contractor will perform all HVAC work, whether personally or… Continue Reading →
A Kansas home inspector must provide the Home Inspector Registration Board a Kansas home inspector bond in an amount not less than $10,000 each year. The surety bond shall be issued by a corporate surety authorized to do business in Kansas… Continue Reading →
Mortgage brokers in the State of Missouri must be licensed and provide a Missouri residential mortgage loan broker bond. The Missouri Division of Finance requires a surety bond in the amount of $50,000 initially, to be increased pursuant to the mortgage… Continue Reading →
In Louisiana manufacturer or wholesale dealer of beverages of a high alcoholic content must have provide an alcoholic beverage tax surety bond pursuant to Title 26 of the Louisiana Revised Statutes of 1950. The surety bond guarantees payment of all taxes, penalties,… Continue Reading →
The Pennsylvania Department of Insurance issues the license to act as a public adjuster in the state. The licensee application must include a Pennsylvania public adjuster bond. The state defines a “public adjuster” as an individual who is hired (for a fee)… Continue Reading →
Attaching a private driveway or entrance way to a state road in Tennessee requires a permit and an entrance permit bond. The surety bond must run to the Tennessee Department of Transportation and guarantees the principal’s (permit applicant’s) improvements on… Continue Reading →
In Kentucky a mortgage loan company must provide a surety bond in an amount set by the State. The mortgage loan company bond guarantees compliance with the provisions of KRS Chapter 286.8 and with all regulations and orders promulgated thereunder, and that the broker… Continue Reading →
The New Hampshire Insurance Department issues the license to act as a public adjuster in the state. The licensee application must include a New Hampshire public adjuster bond. Pursuant to law,”Public adjuster” means any person who, on behalf of an insured: (a) Solicits from… Continue Reading →
In Kentucky a mortgage loan broker must provide a surety bond in an amount set by the State. The mortgage loan broker bond guarantees compliance with the provisions of KRS Chapter 286.8 and with all regulations and orders promulgated thereunder, and that the broker… Continue Reading →
Pursuant to Oregon statute (ORS Chapter 454) a sewage disposal service must provide a surety bond. The sewage disposal service bond may be issued in different amounts and for different license types. A sewage disposal pumper must provide a $5,000… Continue Reading →
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