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AR HB2202

Bill

Official Source

Status

Passed

4/8/2013

Primary Sponsor

Harold Copenhaver

Click for details

Origin

House of Representatives

89th General Assembly (2013 Regular)

AI Summary

  • Amends Arkansas Code § 22-9-402(a) to revise requirements for surety companies issuing bonds
  • Requires all bonds enumerated in § 22-9-401 and bid bonds enumerated in § 19-4-1405 to be made by surety companies qualified and authorized to do business in Arkansas
  • Makes listing on the current United States Department of the Treasury's Listing of Approved Sureties a mandatory requirement for surety companies issuing bonds in Arkansas
  • Changes grammatical reference from "which" to "that" in the statutory language

Legislative Description

To Revise The Requirements For Surety Companies That Issue Bonds.

Last Action

Notification that HB2202 is now Act 1015

4/8/2013

Committee Referrals

Insurance & Commerce3/26/2013
Insurance and Commerce3/12/2013

Full Bill Text

No bill text available