In the state of Arkansas a new bill was introduced on February 3rd, 2009 affecting existing law concerning vehicles hauling coal. The new bill, titled SB 300, revoked the existing law regulating the Department of Arkansas State Police weighing vehicles transporting coal. The coal weighing official/manager was required to obtain a $5,000 surety bond. Now that the law was removed, the bond requirement was also terminated. This bill revision was enacted on March 10th, 2009.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.