The New Surety Bond Requirement
In Kentucky, a new bill titled HB 285 requires consumer loan companies to post a license bond or other security for $100,000 if the licensee is privately held and for $250,000 if the licensee is publicly traded.
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If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.