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SURETY BOND BLOG

Tag Archives: Alabama

19
Dec
2011

Alabama Fuel Tax Bond Update

Motor fuel tax laws have been revamped in Alabama by a new bill. The bill is named HB 399 and states that suppliers, permissive suppliers and terminal operators must obtain a surety bond in a quantity equivalent to double the average monthly tax liability, but can’t surpass $2 million. Exporters, blenders, importers, and distributors must read more »




03
Sep
2011

Alabama Real Estate Appraisal Company Bond

Alabama real estate appraisal management companies have new legislation to abide by. The new law is titled SB 320 and requires real estate appraisal management companies to obtain a $25,000 surety bond to guarantee the company’s compliance with state law. SB 320 states that the surety’s aggregate liability can’t surpass the sum of the bond. read more »




26
Aug
2011

Alabama Notary Public Bond




28
Jul
2011

Alabama Carbon Dioxide Injection Well Bond

Anyone working with injection wells in the state of Alabama may have to meet a new requirement in the near future. The Alabama Department of Environmental Management has suggested new requirements concerning Class VI injection wells for the geologic sequestration of carbon dioxide. The new proposed requirement asks the owner or operator of the well read more »




12
Jul
2011

Phony Surety Bond Costs Church Thousands

Construction work is full of risk being there is so much that can go wrong. A big risk relating to construction work involves the threat of deceitful contractors. Some contractors will go to great lengths just to get their foot in the door for a specific job and then wind up performing negligent work; surety read more »




13
Jun
2010

Alabama Emergency Telephone District Bond

Alabama State enacted a new bill concerning officials of an emergency telephone district. The new bill, which is referred to as HB 188, requires the members of staff or officials of an emergency telephone district that manage or disburse its funds to acquire a surety bond in a quantity that is no less than the read more »