Kentucky Public Official Bond for Regional Wastewater Districts

Category: Uncategorized
Published: Sep 4, 2011
HB 26: Public Officials

House Bill 26 will provide for the creation of regional wastewater districts in Kentucky. Commissioners, secretary, treasurer and general manager are required under the bill to be bonded. This will secure the faithful performance of their duties. The bond amount will be determined the amount of funds that the officials handle.

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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.