Illinois Employee Fiduciary Bond
SB 1704: Miscellaneous Bond
SB 1704 requires that resident funds that a facility’s employees handle against, loss, theft and insolvency be secured by posting a security bond by their facility. This law will be become effective on July 1, 2010.
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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.
Latest posts by Victor J. Lance, President/Owner (see all)
- How to Get a Money Transmitter License in California - September 18, 2018
- How to Get a Money Transmitter License in New York - September 13, 2018
- Colorado Amends Bond Requirement for Private Occupational Schools and Private Degree-granting Schools - September 13, 2018