CANCELLATION OF FIDELITY BOND, SURETY BOND, OR BOTH — NEW BOND REQUIRED.

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  5. CANCELLATION OF FIDELITY BOND, SURETY BOND, OR BOTH — NEW BOND REQUIRED.

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30-910. CANCELLATION OF FIDELITY BOND, SURETY BOND, OR BOTH — NEW BOND REQUIRED. Prior to cancellation of either the fidelity bond or the surety bond required by section 30-909, Idaho Code, or both, the escrow agency licensee shall file with the director satisfactory evidence of a new bond in the appropriate amount with no lapse in coverage from the canceled bond. Failure to do so shall be grounds for the suspension or revocation of the escrow agency’s license.

History:

[30-910, added 2005, ch. 236, sec. 2, p. 722.]


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