Equal Surety Bond Opportunity Act of 1995

Summary

Equal Surety Bond Opportunity Act of 1995 - Prohibits a company from being approved as a surety by the Secretary of the Treasury or from providing any surety bond unless it maintains full compliance with this Act. Amends Federal law regarding Treasury-approved surety firms to require them to: (1) notify a bond applicant of the status of his or her application within ten days of its receipt; and (2) provide a statement of specific reasons to each applicant whose bond application has been denied. Cites activities which constitute unlawful discrimination under this Act. Makes a surety corporation liable to the applicant for civil penalties for violations of this Act.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 April 1995

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 April 1995

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• Introduced in Senate

  summary · EN · 4 April 1995

  Open at official source

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