summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
So much of the recommendations of the Department of the State Treasurer (House, No. 23) as relates to surety bonds. Financial Services.
AI Summary
This bill amends various sections of Massachusetts law related to surety bonds. It allows for the use of "acceptable bond documentation" in addition to physical surety bonds, and it removes the requirement for the state treasurer to physically approve and file bonds, instead requiring the bonds or documentation to be made accessible to the treasurer. The bill aims to modernize the process for submitting and maintaining surety bonds with the state.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H39 |
Bill | https://malegislature.gov/Bills/190/H39.pdf |
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