Ga. Comp. R. & Regs. r. 40-18-3-.04
Rule 40-18-3-.04. Bonding
As a prerequisite to the issuance of a license under this Act, each applicant shall furnish evidence to the Commissioner that he has in force for the year for which the license is sought a bond issued by a corporate entity authorized to do business in this State in the penal sum of $10,000.00. The bond shall be conditioned upon the licensee performing all the duties imposed upon him by law and the accounting for the proceeds of all carryover flue-cured tobacco received by him for storage and sale.
Authority: Ga. L. 1975, Act No. 683 (H. B. 890), p. 1263.
History. Original Rule was filed on September 10, 1975; effective September 30, 1975.