Premiums and fees

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    (a)    In its sole discretion, the Authority may set:

        (1)    the premiums and fees for providing bonding assistance under the Program; and

        (2)    the terms and conditions when the premiums and fees are payable.

    (b)    The premiums and fees may vary in amount among transactions and at different stages of a transaction.

    (c)    A determination by the Authority on premiums and fees remains effective for as long as the bonding assistance provided by the Authority is in effect.


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