The bonding requirements of sections 276.401 to 276.581 may be satisfied by:
- (1) Filing with the director evidence of a bond on file with any other state with which Missouri has a cooperative agreement as provided for by sections 276.401 to 276.581; and
- (2) Such bond shall be copayable to the state of Missouri for the benefit of sellers of grain in Missouri; and
- (3) The bond shall be in an amount at least equal to the amounts required by sections 276.401 to 276.581.
(L. 1980 H.B. 1627 § 35)