Debt collection specialists must provide an Arizona collection agency bond and obtain proper licensing before operating in the State of Arizona. State statutes define a “collection agency” as; (a) All persons engaged directly or indirectly in soliciting claims for collection or… Continue Reading →
A North Dakota collection agency bond is required to be maintained in order to operate a collection agency in the State. The regulating statute defines a collection agency as any persona or entity who in the ordinary course of business,… Continue Reading →
A North Carolina highway encroachment bond is prerequisite to the approval of a road encroachment permit in the State. Any construction or development project that occurs in close vicinity of a state or interstate road has the potential to “encroach”… Continue Reading →
A New York adjuster bond is required by law if you operate as either a public adjuster OR independent adjuster. A “public adjuster” acts on behalf of insureds in settling claims arising under insurance contracts issued by the insurer. An “independent… Continue Reading →
A Hawaii investment adviser bond is required by the Hawaii Department of Commerce and Consumer Affairs for each registrant that has custody of or discretionary authority over client funds or securities (HI 16-39-434) and falls within specific categories of adviser… Continue Reading →
Pursuant Oregon Revised Statute Chapter 674, Appraisal Management Companies (AMCs) are required to obtain a registration with the Oregon Appraiser Certification and Licensure Board and deposit an Oregon appraisal management company bond if they wish to engage in business in… Continue Reading →
In North Carolina all commercial driving schools must be properly licensed and provide a North Carolina driver training school bond. The regulatory authority is the North Carolina Department of Transportation. The Department requires a school owner and his/her instructor staff… Continue Reading →
In order to operate a household moving service in the State of Florida you must obtain the appropriate license and provide a Florida household moving service bond. Florida statute defines a “household moving service” as loading of household goods into a… Continue Reading →
To make high interest loans and accept goods in pawn in Oregon you must be licensed and provide an Oregon pawnbroker bond. The pawnbroker license is issued by the Department of Finance & Corporate Securities. ORS 726 and OAR 441-740 are the statutes which regulate pawnbrokers,… Continue Reading →
In Texas a public adjuster must be licensed and provide a Texas public adjuster bond. The Texas Department of Insurance defines public insurance adjuster as “any person who for compensation acts on behalf of an insured in negotiating for or effecting the settlement of a… Continue Reading →
An employment agency in the State of Hawaii must be licensed and provide a Hawaii employment agency bond. The state agency regulating debt collection activity, the Department of Commerce and Consumer Affairs defines a “commercial employment agency” as any individual, partnership, corporation,… 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 →
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