01-001 DEPARTMENT OF AGRICULTURE, CONSERVATION AND FORESTRY

1. DIVISION OF GRADING SERVICES

SUMMARY:

This chapter sets forth a schedule of the bonding amounts which the Commissioner of Agriculture will require for those licensed to deal in dry beans in the State of Maine.

1. Definitions

1. A. The definitions contained in 7 M.R.S.A. §452 apply to the defined words and phrases as used in this chapter.

2. Bonding Schedule

1. A. A license shall file a bond with the Commissioner within thirty (30) days of the date upon which he files his application for license.
2. B. The amount of a licensee's bond shall be determined by the greatest quantity of dry beans in which the licensee deals during any thirty (30) day period. The schedule of bonding shall be as follows:

Commodity Amount Bond Required

Up to 10,000 pounds in any 30 day period $ 5,000

10,000 to 20,000 " " " " " " $10,000

20,000 to 30,000 " " " " " " $15,000

30,000 to 40,000 " " " " " " $20,000

40,000 to 50,000 " " " " " " $25,000

50,000 to 60,000 " " " " " " $30,000

60,000 to 70,000 " " " " " " $35,000

70,000 to 80,000 " " " " " " $40,000

80,000 to 90,000 " " " " " " $45,000

90,000 to 100,000 " " " " " " $50,000

100,000 to 110,000 " " " " " " $55,000

110,000 to 120,000 " " " " " " $60,000

120,000 to 130,000 " " " " " " $65,000

130,000 to 140,000 " " " " " " $70,000

140,000 to 150,000 " " " " " " $75,000

150,000 to 160,000 " " " " " " $80,000

160,000 to 170,000 " " " " " " $85,000

170,000 to 180,000 " " " " " " $90,000

180,000 to 190,000 " " " " " " $95,000

190,000 to 200,000 " " " " " " $100,000

STATUTORY AUTHORITY: 7 M.R.S.A. §453

EFFECTIVE DATE:

December 9, 1981

EFFECTIVE DATE (ELECTRONIC CONVERSION):

May 4, 1996

CONVERTED TO MS WORD:

May 13, 2008

CORRECTIONS:

February, 2014 – agency names, formatting

CONVERTED DOCUMENT TO AN UPDATED VERSION OF WORD:

April 22, 2026

APAO ACCESSIBILITY CHECK (Word):

April 22, 2026