1605.1 Each bond shall be executed on a form prescribed by the Director.

1605.2 The name on the bond shall correspond exactly to the name under which the application for licensure is made.

1605.3 The effective date of a bond or any approved form of security in lieu of a bond shall correspond to the beginning of the annual license period, or as otherwise directed by the Director.

1605.4 The expiration date of a bond or any approved form of security in lieu of a bond shall extend one (1) year beyond the end of the annual license period established by the Director.

SOURCE: Final Rulemaking published at 34 DCR 3165, 3167 (May 15, 1987).