Kentucky Consumer Loan Company Bond Requirement

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.

Get a Free Quote Instantly Online

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.

 


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.

Leave a Reply

Your email address will not be published. Required fields are marked *