Section R4-34-502. License Bond Amounts

A.      An applicant shall submit the applicable license bond amount listed for each license class.

License Class	Bond Amount
M-9A	$10,000.00
M-9C	$65,000.00
M-9E	$100,000.00
D-8	$25,000.00
D-10	$25,000.00
D-12	$25,000.00
I-10C	$2,500.00
I-10D	$1,000.00
I-10G	$5,000.00

B.       The Board shall not renew a license unless the applicant’s surety bond or cash deposit is in full force and effect.

Historical Note

Adopted effective January 31, 1979 (Supp. 79-1).

Amended D-8, D-8A, D-9, D-12 and added D-8B effec- tive October 20, 1981 (Supp. 81-5). Amended D-8 effec-

tive January 31, 1983 (Supp. 83-1). Former Section R4- 34-502 renumbered to R4-34-802, new Section R4-34- 502 renumbered from R4-34-402 and amended effective July 3, 1991 (Supp. 91-3). Amended effective December

14, 1994 (Supp. 94-4). Section repealed by final rulemak-

ing at 6 A.A.R. 47, effective December 8, 1999; new Sec- tion adopted by final rulemaking at 6 A.A.R. 145, effective December 8, 1999 (Supp. 99-4). Amended by

final rulemaking at 11 A.A.R. 464, effective March 5,

2005 (Supp. 05-1).