Category Archives: Money Transmitter Bonds

Illinois Currency Exchange Bond

Illinois legislatures have enacted a new bill concerning check sellers, money transmitters, small loan companies, etc. The bill is titled SB 87/HB 159 and boosts the surety bond required for[...]

Surety Industry Deceptively Booming Despite Recession

The world of surety seems to be doing just fine amidst the down economy. There are still a lot of construction jobs available and many bonds to be written; but[...]

Public Officials Blindly Writing Surety Law

Legislatures in Texas have enacted a new law directly affecting the surety bond industry. When one looks at the changes included in the bill, it’s hard to see what it[...]

Surety Bonds: Moving From Paper To The Digital Age

The surety bond industry has been stubborn when it comes to any kind of change. For the most part, things have been done the same way for years while ignoring[...]

Arkansas Money Transmitter Bond Revision

Both money service and money transmitter companies are affected by a new bill that was enacted in the state of Arkansas. The new bill is called SB 785 and boosts[...]