THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT IF THE PRINCIPAL, the above bounded _______, shall faithfully comply with and conduct business under its license or permit in accordance with the provisions of the Chapter 552, F.S., and abide by all applicable statutes and rules and regulations of the Department of Financial Services (the Department) as promulgated by the Chief Financial Officer, the obligation shall be null and void; otherwise, it shall remain in full force and effect. This bond shall be in favor of the Department and shall specifically authorize recovery by the Department on behalf of a prevailing party in an action for damages sustained under the Florida Construction Materials Mining Activities Administrative Recovery Act, Sections 552.32-.44, F.S., in case the Principal is guilty of failing to pay damages awarded within 30 days after a final order is issued by an administrative law judge of the Division of Administrative Hearings, or within 30 days after the entry of an appellate mandate affirming a final order awarding damages.
Fla. Admin. Code Ann. R. 69A-2.024
Rulemaking Authority 552.30, 552.38 FS. Law Implemented 522.211, 552.30, 552.38 FS.
New 11-25-01, Amended 6-24-02, Formerly 4A-2.024, Amended 10-27-04, 5-9-10, 11-11-21.