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SURETY BOND BLOG

Monthly Archives: February 2010

28
Feb
2010

Colorado Greenway District Bond

Introduced on January 17th, 2009 was a new law concerning the Greenway District in the state of Colorado. Named SB 141, the new law produces the Fountain Creek Watershed, Flood Control, and Greenway District. SB 141 requires the appointed custodians of the Greenway District’s funds to acquire a surety bond in a quantity that the read more »




27
Feb
2010

Arkansas Coal Transportation Bond Update

In the state of Arkansas a new bill was introduced on February 3rd, 2009 affecting existing law concerning vehicles hauling coal. The new bill, titled SB 300, revoked the existing law regulating the Department of Arkansas State Police weighing vehicles transporting coal. The coal weighing official/manager was required to obtain a $5,000 surety bond. Now read more »




26
Feb
2010

Hawaii Mortgage Loan Originators Bond

Enacted in Hawaii, a new law is now in place affecting mortgage loan originators within the state. The new law which is labeled SB 1218 integrates the federal definition of a mortgage loan originator. The law also requires originators to obtain a surety bond in a quantity that would be calculated by the dollar amount read more »




25
Feb
2010

Idaho Boxing Promoters Bond

Promoters of action sports such as boxing have a new law to abide by in the state of Idaho. The new law, named HB 32, authorizes other types of security to be obtained in place of the surety bond that is currently required for promoters of boxing, kickboxing, wrestling and mixed martial arts matches. The read more »




25
Feb
2010

Georgia Child Support Collectors Bond

In the state of Georgia, a new law was introduced on 01/28/2009 concerning child support collectors. HB 189 is the new law and it regulates private child support collectors, requiring both registration and a surety bond or a deposit of cash in the quantity of $50,000. The surety bond is conditioned on compliance and the read more »




24
Feb
2010

Florida Controlling Interest Bond

Any individuals interested in becoming a controlling interest in a health agency must follow a new bill introduced in Florida State. The new bill, named SB 2658, requires applicants and individuals who want to be a controlling interest in a home health agency, a home medical equipment provider, or a health care clinic to obtain read more »