HB 418 is a new law that was enacted in the state of Montana regarding equine (horse) slaughter facilities. The new law concerns the construction of equine slaughter or processing facilities; should a action be filed in court to confront the issuance of a license, permit, certificate, or other approval for an equine slaughter or processing facility, the challenger must attain a surety bond in a quantity equivalent to 20% of the anticipated building expenses of a proposed facility or the operational expenses of a operating facility.
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.