Colorado Money Transmitter Bond Senate Bill 171 Enacted

Published: May 8, 2013
Recent Enactment: Colorado Senate Bill 171

This new bill extends the period of time given to Colorado Money Transmitter Companies to post their required surety bond.  Previously, money transmitters had to post a bond within 90 days of the official approval of their state license application.  Now, they can do so within 6 months of the license approval date.

If you would like a free quote for a Colorado Money Transmitter Bond, apply online or give us a call at 877-514-5146.  Lance Surety offers the lowest possible rates, bad credit programs, and fast turnaround.

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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.

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