The laws for North Dakota potato dealers have evolved. A new bill titled HB 1027/HB 1399 makes financial security mandatory in order to obtain a potato dealer license. Under previous legislation, dealers were required to be licensed and the State Seed Commissioner had the option to require a form of financial security, which a surety bond would satisfy.
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.