Rule 17.24.1105

Admin. R. Mont. 17.24.1105

Bonding: Form of Bond

Effective Feb 10, 2024Authorizing statute(s): 82-4-205, MCA; Implementing statute(s): 82-4-223, 82-4-232, 82-4-235, MCAState of Montana

The form for the performance bond must be as provided by the department. The department shall allow for either:

(1) a surety bond; or
(2) a collateral bond.

Authorizing statute(s): 82-4-205, MCA

Implementing statute(s): 82-4-223, 82-4-232, 82-4-235, MCA

History: NEW, 1980 MAR p. 725, Eff. 4/1/80; AMD, 1989 MAR p. 30, Eff. 1/13/89; TRANS, from DSL, 1996 MAR p. 2852; AMD, 2024 MAR p. 258, Eff. 2/10/24.