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Nebraska Revises Bond Requirements For State Employees

by Surety Admin 2. September 2010 14:05
Nebraska LB 722 revises the bond requirements for all state employees. Prior law required all employees not specifically required to post a bond to be covered under a blanket surety bond or insurance policy in an amount not to exceed $1 million. The new law eliminates the specified amount, and confers authority on the State’s risk manager to determine the amount required.  ENACTED: 03/03/2010
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Surety Blog Categories:  Surety Law Changes | Misc Bond Information

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