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SURETY BOND BLOG

Tag Archives: Indiana

13
Feb
2012

Indiana Professional Employer Organization Bond

New Indiana surety law affects professional employer organizations within the state. The new law is named HB 1486 and modifies the financial requirements concerning professional employer organizations. Previous legislation required a professional employer organization to sustain a minimum net worth of $50,000 or acquire a minimum bond of $50,000. HB 1486 requires the professional employer 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 »




20
Sep
2011

Indiana Treasurer Bond




03
Aug
2011

Indiana Mixed Martials Art Promoters Bond

Legislation has been re-adopted relating to mixed martial arts promoters in Indiana State. The Indiana Gaming Commission has implemented rules under the name SB 160 (2009), which allowed the Commission to regulate the mixed martial arts matches. SB 160 requires match promoters to acquire a surety bond of at least $10,000. The law that’s already read more »




15
Jun
2011

Indiana Public Official Bond Update

Indiana public officials are affected by a new bill which alters the surety bond required of them. The bill is named HB 1025 and states that the surety bond required of public officials is no longer an annual bond. The SFAA realized that if the bond was annual it could make it cumulative throughout a read more »