The state of Connecticut enacted a new law concerning debt negotiators on July 7th, 2009. SB 950, which is the new law, requires debt negotiators to obtain a $40,000 license surety bond conditioned on the following of the new law. SB 950 authorizes direct actions on the surety bond for any harm that is consequential of non-compliance or the licensee’s failure to execute any written agreements with a debtor. The state also may take claims on the surety bond to amass civil penalties compulsory to the licensee. The aggregate liability under the surety bond is restricted to the penal total of the surety bond. The sureties are able to terminate the surety bond so long as there is 30 days of written notice. SB 950 became active on October 1st, 2009.