PCA Company Surety Bond
Most states must have these bonds and they provide security to your clientele whereas within the celebration you break up the foundations. SF 1711 – Wholesale Drug Distributors. Would require wholesale drug distributors to submit a bond in reference to licensure if the distributor just isn’t government-owned and operated. The bond would have to be for $one hundred,000, unless the distributor’s annual gross receipts for the previous tax 12 months are $10 million or much less, in which case a $25,000 bond could be required. If the distributor has posted a bond in one other state, it might be exempt from posting a bond in Minnesota.
The case of Richfield-based mostly Crystal Care is notable for the variety of folks affected and the amount of money owed, but it surely’s under no circumstances unusual in the house well being care industry. A evaluation of state Division of Labor and Business data for the previous 5 years reveals scores of complaints and enforcement actions against corporations within the business, adding up to tens of 1000’s of dollars.
Because of this the agency has purchased a bond that may compensate you (the consumer) must you be the sufferer of theft by a caregiver. The bonding company would repay you the value of the objects stolen up to the quantity of the bond. The bonds issued for caregivers are sometimes $5,000, which means you can theoretically be reimbursed up to $5,000.
HF 239 – Employers – Fee of Wages. Would set up extra enforcement provisions for the cost of wages. The invoice supplies that an employer failing to pay wages because of its workers to post a bond in an quantity that the Commissioner of Labor and Business would determine. The bond can be forfeited if the employer fails to adjust to the relevant legal guidelines over a 6-month period.
NRS 449.0038 Facility for intermediate care” defined. Facility for intermediate care” means an establishment operated and maintained to supply 24-hour private and medical supervision, for an individual who does not have illness, disease, injury or different situation that may require the degree of care and treatment which a hospital or facility for skilled nursing is designed to offer.
SB 7 – Digital Gaming. Would authorize digital gaming at racetracks. Pari-mutuel wagering facilities that have electronic gaming must publish a $500,000 bond to ensure that the licensee will make all payments, maintain the books and records and file reports, and conduct games of chance in compliance with the legal guidelines and laws. Current licensees could be required to increase their current $200,000 bond to $500,000 once they start using digital gaming.