If a repair shop intends to sell an abandoned vehicle with a missing title, Colorado’s amendment SB 144 states that they would need to provide a surety bond of twice the amount of the retail fair market value of the vehicle. This law became effective January 1, 2009.
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Colorado Lost Vehicle Title Bond
August 25, 2009 by Lisa GrimsleyCategory: Commercial Bonds, Misc. Commerical Bonds, Surety NewsTags: bond requirements, co, colorado, legislation, lost vehicle title, surety bond, title bond | Comments (0)
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West Virginia Mortgage Lender License Bond Amendment
August 24, 2009 by Eric Weisbrot
On 03/27/2008, the state of West Virginia enacted SB 292. The new law authorizes the Commissioner of Banking to make a claim for an unpaid civil administrative penalty or an unpaid assessment invoice against a mortgage lender’s license bond. The law in place allows claims against the bond directly from consumers. The new law became active on June 7, 2008.Category: Commercial Bonds, Mortgage Banker Bonds, Surety NewsTags: bond requirements, legislation, mortgage banker, mortgage lender, surety bond, west virginia, wv | Comments (0)
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West Virginia MVD Bond Increase
August 23, 2009 by Eric WeisbrotThere is a new MVD (Motor Vehicle Dealer) bond law in the state of West Virginia under the name of HB 4364.The new law more than doubles the mandatory amount of the motor vehicle dealer license bond from $10,000 to $25,000. The new law was enacted on 04/01/2008 and became active on 06/8/2008.Category: Auto Dealer Bonds, Commercial Bonds, Surety NewsTags: bond requirements, legislation, surety bond, west virginia, wv | Comments (0)
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JW_Surety_Bonds Twitter Weekly Updates for 2009-08-23
by Michael Weisbrot- Disagreement over surety bond requirements in Louisiana http://bit.ly/rTUTk #
- "Ahead of the Bell: McDermott International": AP: McDermott Ahead of the Bell: McDermott International – Forbes… http://bit.ly/Iz0t9 #
- "House speaker questions whether State Bond Commission has authority over surety bond: "Donelon and Citizens Chi.. http://bit.ly/v180N #
- Performance Bond information from JW Surety Bonds http://bit.ly/4WCW9 #
- Surety Bonds 101 | What are surety bonds? | Free video tutorials from JW Surety Bonds. See: http://bit.ly/2YQ4nR #
- Commented on Getting Your New Business Bonded / Surety Bond Blog | JW Surety Bonds http://tinyurl.com/kp4sxm #
- Ripped from Twitter: Zurich & Panama Canal: BryanKeIIy: RT @JW_Surety_Bonds: Zurich backs $5.25 billion #surety .. http://bit.ly/hJfVM #
- Zurich backs $5.25 billion in surety bonds for Panama Canal reconstruction http://tinyurl.com/m6cou5 #
Category: OtherTags: tweets, twitter | Comments (0)
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Colorado Home Health Agency Bond
August 22, 2009 by Lisa GrimsleyThe Colorado State Board of Health is now required to adopt rules for home health agencies to obtain professional liability insurance or a surety bond. The required amounts of the bonds will be set by these rules. This amendment SB 153 became effective on August 5, 2008.Category: Commercial Bonds, Surety NewsTags: bond requirements, co, colorado, home health agency bond, legislation, surety bond | Comments (0)
