Several public officials in the state of Utah no longer need to worry about surety bonds. The new bill, labeled HB 40, terminates multiple public official bond requirements and allows certain officials to be covered under the State’s Risk Management Fund. Make sure to check with the state to find out which public officials are included in this bill.
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.