N.Y. Comp. Codes R. & Regs. tit. 9 § 5001.12
Current through Register Vol. 46, No. 50, December 11, 2024
The commission may require a surety bond from any licensed agent in such amount as it may determine so as to avoid monetary loss to the State because of an agent's activities in the sale of tickets. The bond, if required by the commission, is a condition of becoming or continuing as an agent. A financial statement may also be required of any person applying for a sales agent license. The commission may also seek additional surety or guarantee of financial security consistent with the purposes of the acts, as may be deemed appropriate.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 5001.12