Preventing or Repairing Environmental Damage In 1986 the US Environmental Protection Agency (EPA) began developing a program to protect the environment from leaking underground storage tanks (UST), and put into place financial responsibility regulations for owners and operators of facilities storing petroleum. The EPA estimates that there are over a million underground storage tanks that […]
Keep Up to Date with Surety Bond Regulations
Financial Responsibility for Virginia Underground Storage Tanks
Permitting Underground Storage Tanks In 1987, the Virginia Department of Environmental Quality implemented an Underground Storage Tank Program to receive federal grant money to conduct cleanups, oversee inspections and develop standards to protect human health and the environment. Underground storage tanks pose environmental risks due to contamination and leaking of fuel into the ground, which […]
Indiana Cleans Up Old Notary Public Laws
Out With the Old … Indiana State legislators have recognized that the current state notary public laws are outdated, and have taken measures to improve regulations for notaries. Indiana currently has over 90,000 certified notaries. A Notary Public is a public officer of the state who is authorized by law to certify documents, take affidavits and […]
Vermont Rental Company License Surety Bond
A car rental company in Vermont is a person or business that offers pleasure cars for rent on a short-term basis, with “short-term” meaning less than one year. Vermont’s Department of Motor Vehicles requires short-term vehicle rental companies to obtain a license. This includes rentals of trailer coaches and trucks weighing 26,000 pounds or […]
Maryland Mortgage Lenders and Mortgage Brokers
Surety Bond Requirements Maryland is a state of abundant waterways, coastlines and the Atlantic Ocean, and is in close proximity to the hub of many federal services. The state offers many historic landmarks, renowned colleges and universities and is the home of the Baltimore Ravens National Football League. Residents of the state often make […]
The Repo Man Must Follow the Law
Colorado Repossessors Must Have a Surety Bond The Repo Man can keep quite busy when people don’t make their car payments. Repossessions can be a quick way for car lenders to cut their losses. But creditors can easily take advantage of debtors in court, because the creditor is typically not liable for damage to property […]
Illinois Residential Mortgage Broker Bond Requirements
In today’s Illinois real estate market, buyers must be ready to make quick decisions when purchasing a home. According the Illinois Realtors July 24, 2017 news release, Illinois is experiencing a shortage of residential housing inventory, which in return results in fewer choices when purchasing a home. Buyers must be prepared prior to providing an […]
Connecticut Mortgage Broker Surety Bond Requirement
Connecticut is the southernmost state in New England, home to more than three million people, and ranks fifth in quality of life with low crime and poverty, healthy residents and a strong education system, according to the Forbes 2016 best states for business report. Connecticut has a longstanding maritime presence and has a industry history […]
Colorado Mortgage Loan Originator Surety Bond Requirement
Colorado, with its majestic mountains, canyons and grand flowing rivers, provides endless beauty and stunning views for all to see. The state boasts of cities such as Denver, Colorado Springs, Boulder, Aspen, Steamboat Springs and other friendly places throughout the state that provide jobs and living opportunities for its residents. Houses vary in cost, and […]
Arkansas Mortgage Broker Surety Bonds
Rising Trend in Home Sales In February 2017, the Arkansas Realtors Association released home sales information to the Arkansas Economic Development Institute. It showed a rising trend in home sales for the last four years, and had surpassed the 2008 pre-recession level of sales. With the increase in sales, many of the homes sold required […]