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.
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 »
Certain Oklahoma public officials now must get a hefty surety bond in order to stay legal. The new law is named SB 895 and requires a $500,000 surety bond of members of a investigator commission founded under the Oklahoma State Bureau of Investigation. The bond guarantees that the members will follow state laws and regulations.
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 »
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 »
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 »