$50,000 Bond for NM Debt Mangement Service Providers

Category: Uncategorized
Published: Sep 28, 2011
HB 313: License Bond – Debt Management Services

The Uniform Debt Management Services Act of the National Conference of Commissioners of Uniform State law will be adopted through this bill. A $50,000 surety bond will be required to be posted by debt management service providers. Sureties will be required to be “A” rated by this bill from a nationally recognized rating service and licensed in that state.

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Robin Kix

Robin Kix is currently the Renewal Department Manager. Since joining Lance Surety in 2014, she has helped thousands of businesses throughout the nation remain compliant at the federal, state and local level. She has significant experience supporting commercial bond lines, particularly in the automobile, transportation and construction industries. Robin and her team work together to create a positive customer service experience at the time of every policy renewal, whether that be finding the best pricing or offering additional assistance.

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