What is a Surety Bond?
Click here to get a Surety Bond A surety bond may be required for a range of activities including gaining a contractor’s license to appealing a court case to obtaining a mortgage broker license. But…
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Ontario’s New Construction Act Brings Contract Surety Changes
Ontario’s Bill 142, the province’s new Construction Act, is the largest set of new construction rules the province has seen in 35 years. With the first part of the Act in effect in July 2018, we wanted to…
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What Even Lawyers Don’t Know About New York Surrogate’s Court
The Surrogate’s Court in the State of New York hears cases involving the affairs of decedents, the administration of estates, the probate of wills, and adoptions. But did you know that even lawyers don’t know…
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ERISA Advisory Council Recommends New DOL ERISA Bond Guidance
In a November 6, 2018 ERISA Advisory Council report, the Council recommended the Department of Labor (DOL) issue new ERISA fidelity bond guidance after evaluating current DOL regulations and guidance. In the report to Secretary of Labor…
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So You Need a Surety Bond
So you’ve just been told you need to purchase a surety bond. That’s all. No specifics were given regarding your profession or court case or industry. Well, it turns out that surety bonds come in…
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Receiver Bonds: What You Need to Know
A receiver is a person appointed by the court to receive assets, property, and control of a company pending final decision of a lawsuit. A receiver may be required to obtain a receiver bond to…
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Trustee Bonds: What You Need to Know
A trust is a document created by a settlor that provides how property and assets within a trust are managed and distributed to trust beneficiaries. A trustee bond protects the interests of the trust beneficiaries…
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Guardianship Bonds: What You Need to Know
A guardian is appointed to assist with financial needs of a minor, disabled, or elderly person. A guardian may be required to obtain a guardianship bond to protect the interest and affairs of the ward…
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Conservator Bonds: What You Need to Know
Conservators are appointed to assist with the financial needs of a minor, disabled, or elderly person. A conservator may be required to obtain a conservator bond to protect the interests and affairs of the conservatee…
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