Public Official Bonds for CT's SustiNet Authority

Category: Uncategorized
Published: Jul 19, 2011
HB 6305: Public Officials

This creates the SustiNet Plan as a government sponsored health plan for the residents of the state of Connecticut. This program will be run by the SustiNet Authority, whose board members will have to post a surety bond in the amount of $50,000 to secure the faithful performance of their duties. This bond will have to be issued from a surety bond company licensed in the state of Connecticut. A bond covering all members would be accepted.

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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.