Search for: "Surety Acceptance Corporation" Results 1 - 20 of 71
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11 Aug 2023, 12:46 pm by Vercammen Law
 An administrator (fiduciary) required by law or order of court to give a surety bond, may include as a part of the lawful expense of executing his duties a bond premium not exceeding one percent (1%) per annum on the amount of the bond and only to a corporate surety authorized under the laws of New Jersey to become surety on commercial bonds. [read post]
26 Dec 2016, 12:01 pm by Kenneth Vercammen, Esq.
If none of these parties will accept letters of administration, then the court is free to appoint who it chooses.The New Jersey personal representative bond is contemplated under NJ 3B:15-1. [read post]
27 Apr 2015, 2:13 pm by Michael Payne
  Under FAR 28.203, an individual surety may be accepted on a federal construction project, instead of a corporate surety on the approved list found on Treasury Department Circular 570, provided that certain requirements are met. [read post]
6 Dec 2014, 3:47 pm by Larry
This means that CBP, by accepting the terms of the bond in exchange of the release of the merchandise, effectively creates the potential liability for the surety. [read post]
11 Nov 2010, 12:58 pm by Michael Payne
However, they are not eligible for listing on the Department of Treasury's list of approved corporate sureties. [read post]
17 Nov 2014, 5:57 am by Matthew C. Bouchard, Esq.
  At that point, the surety, relying upon its GIA with the GC and its owners, exercised its rights and accepted the settlement. [read post]
5 Aug 2009, 4:23 pm
Lately, there has been a significant increase in bails that include both Corporate Surety (bail bonds) and Cash in Baltimore City. [read post]
21 Oct 2020, 6:48 am by Quinten Fisher
Dredge & Constr., LLC, B-418900 (Sept. 18, 2020), the GAO denied a bid protest by a small business dredging operation out of California, Pacific Dredge and Construction, LLC, finding that the agency reasonably rejected as defective a bid bond which limited the liability of the corporate surety with respect to excess reprocurement costs in the event of contractor default. [read post]
12 Sep 2012, 11:36 am by Michael Payne
If you cannot establish that the ILOC-issuing entity is a financial institution and federally insured, you cannot submit the bonds if you are a bidder or accept them if you are the federal agency. [read post]
14 Sep 2021, 9:07 am by Sam Turco
The Massachusetts Attorney General recently settled a major consumer fraud case against subprime auto lender Credit Acceptance Corporation. [read post]
6 May 2009, 6:38 am by Cyrus E. Phillips IV
Chenery Corporation, 332 U.S. 194, 196 (1947)).This Administrative Procedure Act standard of review is narrow, this reflecting a concern that Courts not interfere with matters entrusted to the judgment of Contracting Officers. [read post]
21 Apr 2010, 8:35 pm by Randall Reese
 First, almost immediately after Las Vegas Monorail voluntarily filed for chapter 11 protection, Ambac Assurance Corporation  (later joined by Wells Fargo Bank, N.A.) asked the bankruptcy court to dismiss the chapter 11 case. [read post]
16 Sep 2009, 7:15 am
No corporate surety (bail bondsman), and no property was allowed to be posted for the cash portion of the bond. [read post]
25 Jul 2022, 4:47 am by Franklin C. McRoberts
Issue #3: May a corporation demand a surety bond from a cashed-out minority shareholder who requests issuance of replacement shares under BCL § 508 (e) in an amount equal to the merger consideration as a pre-condition to tendering the 80% advance payment requirement under BCL § 623 (g)? [read post]
9 Feb 2015, 7:00 pm
Such certification was equivalent to an acceptance, the drawers and all endorsers, if any, being thereby discharged from liability thereon. 'The certification of a check by the bank is equivalent to payment. [read post]