Louisiana Structured Settlement Purchase Company Bond

Louisiana Structured Settlement Purchase Company Bond

A new law titled SB 193 requires structured settlement purchase companies to register and post a surety bond, a letter of credit, or cash for $50,000.

The bond protects persons who do business with the company and secures the company’s compliance with the applicable law, the performance of its obligations, and the payment of any final judgments against the company.

 

 

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.

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