The Authority shall not issue or renew any pilot license until the person who requests such license renders a bond to the satisfaction of the Director for a reasonable sum as determined by the Administrator through rule or regulation, to answer for the faithful compliance of his duties as pilot.
History —June 28, 1968, No. 151, p. 459, § 4, art. 4.05, eff. 90 days after June 28, 1968.