In 2006 the New Jersey General Assembly prohibited sureties from writing blanket public official bonds to cover treasurers, tax collectors, and municipal court judges and administrators. Those parties were obligated to obtain public official bonds from the state joint insurance… Continue Reading →
The Massachusetts Division of Banks and Loan Agencies has proposed the addition of a debt collector bond in the amount of $25,000. The proposed wording, “the Commissioner ‘MAY require’ that a licensee offer a bond”, appears to be a set-up… Continue Reading →
Reported in the January/February edition of the the SFAA Newsletter, the Minority Business Development Institute (MBDI) offered its first performance bond readiness program. The Program offers a direct, one-on-one learning opportunity focused on women, minority and local, emerging contractors. MBDI’s… Continue Reading →
In order to engage in general contracting on the islands the Contractors License Board may require all general and special contractors to provide a Hawaii contractors license bond. The surety bond can be no less than $5,000. In addition to guaranteeing… Continue Reading →
A transportation of passengers broker is an individual who arranges for transportation of passengers by companies authorized by the Virginia Department of Motor Vehicles. A transportation of passengers broker surety bond is required by Virginia Code in the amount of… Continue Reading →
The Small Business Administration’s (SBA’s) Surety Bond Guarantee Program was designed to increase small businesses’ access to federal, state, and local government contracting, as well as private-sector contracts, by guaranteeing bid bonds, performance bonds, and payment bonds for individual contracts of $2 million… Continue Reading →
Do you have a lost or defective Florida motor vehicle title? Obtaining a Florida title bond for a motor vehicle is simple and inexpensive with us! In accordance with Florida Statute 319.23(7), (7) If an title applicant is unable to provide the Department with… Continue Reading →
An unclaimed property bond is often a prerequisite for the return of funds or securities held by a state unclaimed property office. This is a lost instrument bond, usually required in a fixed penalty, which protects the state from claims… Continue Reading →
Maryland automobile insurance fund producers must provide a surety bond in the amount of $10,o0o. The MAIF bond guarantees that the producer will account for and transmit all premiums received by him or her in accordance with the applicable provisions… Continue Reading →
Desea usted abrir su propia empresa de venta de autos? Necesitará una fianza de corredor de vehiculos, o motor vehicle dealer bond en inglés. Las compañías afianzadoras siempre exigen que el solicitante tenga crédito personal excelente para ofrecerle una fianza… Continue Reading →
Have you applied for a probate administrator bond or personal representative bond and been declined for credit reasons? As a probate fiduciary your history of personal financial responsibility is very important, but if you have some credit problems it doesn’t… Continue Reading →
A constable bond is a simple public official bond. Public official bonds are like fidelity bonds in that they guarantee a principal’s honest handling of public funds, however this type of surety bond also service as a guarantee against “misfeasance,… Continue Reading →
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