The state of Rhode Island has enacted a new law referred to as SB 2067. The new Rhode Island law was introduced on 01/15/2008 and is concerning travel agents within the state. SB 2067 eliminates the licensing requirement of a $10,000 surety bond for travel agents. The repeal came about for reasons not relating to the surety bond. The repeal became active upon enactment.
Category: Commercial Bonds, Surety News
Tags: bond requirements, legislation, Rhode Island, RI, seller of travel bond, surety bond, travel agent, travel agent bond