Missouri House Bill 1954 was introduced and read to the House in February 2014, passing through various public hearings, adopted and then passed on to the Senate on April 29, 2014. It currently is with the Senate Agriculture, Food Production and Outdoor Resources Committee.
License and Permit Bond ChangesThis new requirement concerns the ability of anyone applying pesticides in a commercial venture to be able to prove financial responsibility should legal damages occur as a result of the operation against the business. The law states that upon the receipt of the business license the certified commercial applicator will be required to provide evidence of financial responsibility in the form of a license and permit bond or other surety bond within ten working days. This requirement will be renewed annually, along with the license.
New Permit Bond AmountsWith this new requirement, commercial pesticide applicators will be required to post a bond in the amount of no less than $25,000 for property damage as well as for bodily injury. Each permit and license bond will be required to be posted separately. Bonds must be maintained at the place of business and available for inspection during regular business hours upon request.
Get Your License and Permit Bond TodayThe world changes fast and laws change even faster. While not every business is required to carry a license and permit bond, more and more of them do as laws change. Do you know if your company should get bonded? If you have a business that requires a license or permit, you should be sure you are covered. Visit our website or talk to one of our knowledgeable customer service reps today to find out how fast and easy it is to get your license and permit bond for you business from BuySurety today. Get your business bonded and be sure with BuySurety.
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Missouri DMV Surety Bond RequirementsAlthough the state has other cities that are larger, it is the state capital of Jefferson City that handles the issuing of DMV bonds for all the car dealerships in the state. Luckily those requirements are not that difficult to fulfill, since all dealerships, whether they sell used cars and trucks or new ones, have the same car dealer bond requirements. All dealerships are required to post a DMV surety bond in the amount of $25,000. The bonds must expire on December 31st of any given year, so it may be a good idea to get your surety bond at the beginning of the year.
Iowa Car Dealer BondsThe Hawkeye state is smack in the middle of the country. This means that you are close to everything or far from anything, depending on how you view it. Between the corn fields, there are quite a few car dealerships and all of them are required to carry car dealer bonds as part of their business operation. However, the requirements are pretty simple: every dealership must post a $50,000 car dealer bond regardless of whether they sell new or used vehicles. The Iowa Dept of Transportation in Des Moines will handle all the particulars when you register that dealership and get bonded.
Minnesota Dealer Bond NeedsThis is a big state and it stretches all the way up to the Canadian border. Folks in Minnesota are used to the cold, and one way you can tell is that they have a separate bond requirement for snowmobile sales. I would guess that there are quite a few of them sold in this state where the wind can get pretty chilly in the winter. Here are the requirements for a vehicle dealership auto dealer bond in Minnesota:
- New and Used Motor Vehicle Dealer Bond – $50,000
- DSB Bond( for snowmobiles, small horse trailers and motorized bicycles) – $5,000
Getting Your DMV Bond TodaySo if you are considering opening an auto dealership in Missouri, Iowa, Minnesota or any state for that matter, you are going to need a DMV bond. These are also sometimes called a car dealer bond as well. Whatever you end up calling them, you can be sure to find a great price on all your surety bonds with BuySurety. What is even handier, you can talk to our customer support folks and get information on pricing, qualifications and more. Just come by our site and check out the variety of surety bonds, including auto dealer bonds we can offer. Get your car dealer bond the fast easy way at a price you can afford today at BuySurety.
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May 08, 2013 – It looks like many state legislative branches have already had a fairly busy year. There has been a quick flurry of bills introduced and sent on to committee for many of the state’s legislative bodies when it comes to House and Senate bills that touch on commercial surety bonds.
The list of possible bill movement is quite long for a wide range of states. To get a closer look at the first states to start moving legislature thorough, let’s look a tthe first bunch. Here is just the beginning legislative action that looks likely to begin to happen in Alabama, Florida, Georgia, Illinois, Kentucky and Missouri:
Alabama – The House will be looking at a possible revision of the surety bond requirements for pre-need funeral contracts, while the Senate has a bill that may require an agent of a professional sports player to post a $25,000 sports agent surety bond if there is no players’ association for that sport.
Florida – The House is considering a bill that would require a consumer who is initiating civil litigation against a motor vehicle dealer for claims against their motor vehicle dealer bond to file a demand letter first. The Florida Senate has a bill before it that would require an employee bringing an employer to court regarding the use of a credit history report to deny them employment to post a court bond first.
Georgia – The House is considering the approval of pari-mutual betting at horse racing that would then require the posting of a surety bond by racetrack owners to cover losses to the State along with the requirement of the newly created Piemont Altamaha Transit Authority’s secretary-treasurer to post a public officials bond.
Illinois – The House will consider repealing a bill that allowed the Department of Healthcare and Family Services to requite the posting of a surety bond from any vendor terminated, excluded, suspended or who might pose a risk for fraud, waste or abuse. Instead the Department will require all vendors of non-emergency medical transportation services to post a surety bond.
Kentucky – The House is considering repealing the requirement of a license and permit surety bond by any radon mitigation and radon measurement professionals, but continuing the requirement for an insurance policy.
Missouri – The Missouri Senate is considering eliminating a program for solid waste facilities that includes the requirement of the posting of a surety bond. It is also looking at changing the requirements to take action against the county collector’s posted public official bond to add that the act would need to be done knowingly as well as be improper as stated in current law.
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