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Massachusetts Increases Surety Bond For Solicitors

by Surety Admin 9. September 2010 14:46
Massachusetts SB 2117 increases the surety bond required for professional solicitors for public charities from $10,000 to $25,000. The new law also provides that such solicitors can only conduct solicitations by or through persons covered by a bond under which the professional solicitor is the principal, or by a bond under which the person is both the principal obligor and independently registered as a professional solicitor. The new law became effective on January 1, 2011.
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Surety Blog Categories:  Commercial Bonds | Surety Law Changes

Massachusetts Sandwich Economic Initiative Corporation Surety Bond Requirements

by Surety Admin 2. September 2010 13:17
Massachusetts SB 2073 creates the Sandwich Economic Initiative Corporation and requires the treasurer of its board of directors (board) to be bonded to secure the faithful performance of his or her duties. The board will determine the amount required. The new law became effective upon enactment.
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Surety Blog Categories:  Surety Law Changes | Misc Bond Information

Massachusetts Public Safety Board Direct Must Post Surety Bond

by Surety Admin 2. September 2010 13:03
Massachusetts HB 4610 establishes a consolidated regional public safety communications center for the towns of Cohasset, Hingham, Hull and Norwell and a board of directors to run the center. The board’s treasurer must post a bond to secure the faithful performance of his or her duties. ENACTED: 07/08/2010
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Surety Blog Categories:  Surety Law Changes | Misc Bond Information

Massachusetts Town of Beckett District Treasurer Surety Bond Requiremens

by Surety Admin 2. September 2010 12:49
Massachusetss HB 3702 creates the Sherwood Forest Lake District in the Town of Beckett. The District treasurer must post a surety bond to secure the performance of the duties of office. The new law became effective upon enactment. ENACTED: 05/20/2010
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Surety Blog Categories:  Surety Law Changes





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