The state of Mississippi introduced a new law in relation to deputy tax assessors. The new law, which is referred to as HB 69b, was enacted in a special session after the standard session concluded. HB 69b requires deputy tax assessors to acquire a $10,000 surety bond while deputy tax collectors are required to attain a $50,000 surety bond. The surety bonds guarantee the authentic and faithful performance of the responsibilities of every office. The new law became active on October 1st, 2009.
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.