SB 2510 is a new law that was presented in the State of Minnesota concerning plumbers within the State. The new law modifies several surety bond requirements. The new legislation terminates an exception from the surety bond requirements for plumbers employed by master plumbers. All plumbers must attain a minimum $25,000 license bond under the present law. SB 2510 also states that the present surety bond required for manufactured home installers, residential roofers and sign contractors must be a biennial surety bond. The previous law only called for a yearly bond.
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.