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The Surety Bond Blog

Category Archives: Tobacco Manufacturer Bonds

Discussing surety bonds required of tobacco manufacturers in order to operate legally.

16
Jan
2012

Nevada Tobacco Manufacturer Bond

Certain Nevada tobacco manufacturers are subject to new surety legislation. The new law is named SB 79 and requires certain nonparticipating tobacco manufacturers to acquire a surety bond in order to be included in the State’s directory of tobacco manufacturers and cigarette brands. The bond will be required if the manufacturer’s cigarettes have been sold read more »




20
Dec
2011

Arkansas Tobacco Manufacturer Bond

Tobacco manufacturers in Arkansas are affected by a new law that was recently enacted. The new law, which is named HB 1950, requires tobacco manufacturers who aren’t part of the Master Settlement Agreement for escrowing funds into the settlement account to obtain a surety bond in order to be included in the State’s directory of read more »




13
Dec
2011

Virginia Tobacco Manufacturer Bond

The state of Virginia has updated the bond requirements for tobacco manufacturers. The new bill is titled SB 1268 and changes the bond requirement by having tobacco manufacturers calculate the bond amount by the highest amount of sales in a year. The old law calculated the bond amount using the previous year.




14
May
2011

Arkansas Tobacco Manufacturer Bond

Arkansas tobacco manufacturers have a new bond requirement to abide by thanks to a new bill named HB 1950. The new bill requires all tobacco manufacturers that aren’t participating in the Master Settlement Agreement to obtain a surety bond in the quantity of $50,000 or the amount the manufacturer was required to deposit in escrow read more »




13
May
2010

Tennessee Tobacco Manufacturer Bond

Tennessee State introduced a new law relating to tobacco manufacturers. The new law is referred to as SB 2169 and requires non-participating manufacturers that are not included in the directory of approved tobacco manufacturers to acquire a surety bond in order to be included on the list. These companies do not partake in the State’s read more »




08
May
2010

Oklahoma Tobacco Manufacturer Bond

SB 608 is a new Oklahoma State law relating to “nonparticipating tobacco manufacturers” that was enacted this year. The new law requires “nonparticipating tobacco manufacturers” to acquire a surety bond to be included in the State’s directory of tobacco manufacturers and cigarette varieties. The nonparticipating manufacturers do not partake in the Master Settlement Agreement and read more »