Bond requirements.

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10-47B-81. Bond requirements.

If the applicant files a bond pursuant to §10-47B-80, the bond shall:

(1)Be with a surety company approved by the secretary;

(2)Name the applicant as the principal and the state as the obligee; and

(3)Be on forms prescribed by the department.

Source: SL 1995, ch 71, §81.


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