Loss securities bonds (also known as lost instrument bonds) are a special type of surety bond that are designed to provide protection for publicly traded companies who sell stock investments in their business. If you are purchasing stock in a company and need to obtain a loss securities bond, there…
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Not to be confused with bail bonds for those who have been arrested for committing a DWI, DWI ignition interlock bonds are a type of surety bond that are generally required by prosecutors for people who have been convicted of a committing a DWI and have entered the state’s Ignition…
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How long does it take to obtain a surety bond? Is there any way to speed up the process? These are two of the most common questions asked by those looking to obtain a bond for their case. Whether you need a surety bond for an appeal or injunction, a…
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When obtaining and working with surety bonds, one thing every person should look out for is fraud. Being the victim of surety bond fraud not only means you lose out on the funds you use to acquire the bond, it can also lead to catastrophic consequences if your bond is…
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An attachment bond is a type of surety bond that courts generally require when dealing with a writ of attachment. It’s often the case that a party or person will be required to obtain one of these bonds in order for the writ to be accepted by the court. Timing…
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When it comes to surety bonds and commercial insurance, one term that many struggle with is ERISA bonds. What do they do? Who do they protect? How can they be obtained? These are some of the questions that quickly spring to mind. While the process of obtaining ERISA insurance is…
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Many new business owners often ask why they need to obtain a surety bond in Minnesota. This isn’t unique to Minnesota; most states require businesses in certain industries to obtain surety bonds on top of the commercial insurance they already carry. That’s because surety bonds and commercial insurance protect and…
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When dealing with cases involving surety bonds, there are times when the court may issue a protective order. Protective orders, like temporary restraining orders, usually prevent a party from taking some type of action. The party may be prohibited from transferring a bank account, selling or disposing assets, making changes…
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Any person who is seeking a Subsurface Sewage Treatment System (SSTS) license in Minnesota must procure an applicable surety bond, according to the Minnesota Pollution Control Agency (MPCA). If you are looking to open an SSTS business in the state of Minnesota, here is what you need to know about…
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Have you lost your Minnesota vehicle title? Have you recently purchased vehicle that didn’t come with a title (only a bill of sale)? Did you inherit a vehicle from a relative in another state? There are many reasons why Minnesotans may find themselves without a vehicle title. Regardless of why…
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