$5,000 Surety Bond for NY Intercity Bus Passenger Services
This bond would establish a permit system for intercity bus passenger services. This would be installed in cities that have a population of one million or more. A surety bond in the amount of $5,000 would be required in connection with the permit. The bond would be posted to ensure the payment of all civil penalties imposed on the permitted for violations of any permit requirements or restrictions.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.