The operator and a corporate surety:

1. (1) licensed to do business in Indiana; and

2. (2) recognized by the treasurer of state as holding a certificate of authority from the United States Department of the Treasury as an acceptable surety on federal bonds;

   shall execute the bond.

   [Pre-1995 Recodification Citation: 13-4.1-6-4.]

As added by P.L.1-1995, SEC.27.