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SURETY BOND BLOG

Tag Archives: Mississippi

09
Jan
2012

Mississippi Proprietary School Bond Update

Mississippi legislators have enacted a new bill that concerns proprietary schools within the state. The new bill is named SB 2771 and modifies the surety bond requirements for proprietary schools which previously called for a $50,000 bond. SB 2771 now allows the Commission on Proprietary School and College Registration to establish the size of the read more »




28
Sep
2011

Mississippi Public Official Bond

Members of the Mississippi State Board of Cosmetology must obtain larger bonds as a result of new legislation. The bill, which is labeled SB 2766, boosts the minimum surety bond amount required of the members from $5,000 to $10,000. The new bill became effective July 1, 2011.




30
Sep
2010

Mississippi Money Transmitter Bond

SB 2652 is new legislation that was enacted in the State of Mississippi regarding sellers of checks. The new law alters the quantity of the surety bond required for sellers of checks and re-labels them as money transmitters. The previous legislation required a surety bond or alternative security in a minimum quantity of $25,000 and read more »




09
Jun
2010

Mississippi Money Transmitter Bond

Money transmitters must abide by a new law that was presented in Mississippi State. The new law is named SB 2652 and alters the quantity of the surety bond required for sellers of checks and it also reclassifies them as money transmitters. The previous law required a surety bond or other security at a minimum read more »




02
Apr
2010

Mississippi Municipality Tax Bond

A new law was introduced affecting municipalities in the state of Mississippi. The new law which is referred to as SB 3268 allows municipalities in Mississippi with a population of 150,000 plus to charge a special 1% sales and use tax. SB 3268 law directs any municipality enforcing the tax to institute a commission for read more »




01
Apr
2010

Mississippi Public Official Bond Update

Mississippi State enacted a new bill relating to update for public official and employee surety bonds. The new law is named SB 3050 and requires various public official and public employee surety bonds to be in a quantity no less than $50,000, which is a boost in most of the present bond amounts. The surety read more »