On 06/25/2008, a new law was enacted in the state of Louisiana. Named SB 444, the new law prohibits political entities of the state, for example the Louisiana Insurance Guaranty Association, from the appeal bond requirements. The existing law already exempts other public entities from the requirements. SB 444 became active on August 15, 2008.
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.