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The Surety Bond Blog

Category Archives: Public Official Bonds

Discussing surety bond requirements for many types of public officials across the country.

16
Apr
2012

Texas Public Official Bond

Deputy Constables in Texas no longer need to worry about individual public official surety bonds. A new law was enacted named HB 1241 allowing the use of blanket bonds which will now satisfy the present law’s bonding requirements regarding constables.




05
Mar
2012

Virginia Public Official Bond Update

Surety law in Virginia has been modified thanks to a new bill. The new bill is named HB 1852 and changed the surety bond amounts required of the Adjutant General and their fiscal clerks. The previous law required a $10,000 bond of the Adjutant General and also required a $3,000 bond from their clerks. The read more »




01
Feb
2012

Utah Public Official Bond Update

Several public officials in the state of Utah no longer need to worry about surety bonds. The new bill, labeled HB 40, terminates multiple public official bond requirements and allows certain officials to be covered under the State’s Risk Management Fund. Make sure to check with the state to find out which public officials are read more »




12
Jan
2012

Surety Bond Protects County From Losing Thousands

Not many people know what a public official bond is. Public official bonds ensure that individuals serving the public such as tax collectors or judges follow the rules of their county/state. The people of New Albany, IN may soon become fans of public official bonds pending a ruling on a recent case where a public read more »




02
Jan
2012

Indiana Public Official Bond Update

Various public officials in Indiana are affected by new surety legislation recently put in place. The new law is named HB 1025 and revokes the requirement that makes various public officials’ bonds annual. HB 1025 modifies an existing requirement for a bond with annual coverage in the amount of $30,000 for each $1 million of read more »




29
Dec
2011

Georgia Public Official Bond

The state of Georgia has enacted a new law affecting the Georgia Department of Transportation. The new law, which is named HB 137, terminates the $500,000 surety bond previously required of the Director of Planning for the Georgia Department of Transportation. The previous legislation set the bond requirement in order to guarantee that the responsibilities read more »