Current through Register Vol. 48, No. 10, October 25, 2024
Section 79-35 - Increase of Surety Bond or Other Approved Security Requirements(A) The Board may upon finding a licensee in violation of the provisions of the Act or Regulations increase the surety bonding or other approved security amount requirement not to exceed the maximum amount allowable under the Act.(B) The Board may upon finding that an applicant for license has violation(s) which occurred during the past ten (10) years increase the surety bonding or other approved security amount requirement as a prerequisite for the issuance of license.Added by State Register Volume 29, Issue No. 2, eff February 25, 2005.