PURPOSE: This rule requires a $5000 bond for each licensee.

Each licensee shall post a bond in an amount to be determined by the director depending upon the actual or projected licensee’s sales and payment history, credit record, or both, for each license obtained.

AUTHORITY: sections 313.220, RSMo Supp. 1988 and 313.230(1)(i)(2), RSMo Supp. 1990.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed Aug. 28, 1987, effective Nov. 23, 1987.

*Original authority: 313.220, RSMo 1985, amended 1988 and 313.230(1)(i)(2), RSMo 1985, amended 1988, 1990.