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2. Little Miller Act - Wikipedia

   en.wikipedia.org/wiki/Little_Miller_Act

   Construction in East Village, San Diego. A "Little Miller Act" is a U.S. state statute, based upon the federal Miller Act, that requires prime contractors on state construction projects to post bonds guaranteeing the performance of their contractual duties and/or the payment of their subcontractors and material suppliers.

3. Money transmitter - Wikipedia

   en.wikipedia.org/wiki/Money_transmitter

   Forty-nine US states (sans Montana [4] [5]) regulate (i.e., require licensure for) money transmitters, although the laws vary from one state to the other. [6] Most of the states require a money transmitter surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintain a minimum capital requirement.

4. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...

5. Performance bond - Wikipedia

   en.wikipedia.org/wiki/Performance_bond

   States have also enacted what are referred to as "Little Miller Act" statutes, [5] requiring performance and payment bonds on State-funded projects. Each bond has a designated bond amount. Surety bond companies will determine the bond rate based on risk and then charge a surety bond premium in the range 1-15% of the bond amount. [citation needed]

6. What happens if you drive without insurance in California? - AOL

   www.aol.com/finance/happens-drive-without...

   In this state, you only meet the legally required amount of coverage when you have: $15,000 of bodily injury liability coverage per person. ... (DMV) or get a $35,000 surety bond.

7. Miller Act - Wikipedia

   en.wikipedia.org/wiki/Miller_Act

   Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.