- (a) For the purpose of these rules and regulations, a bond shall mean any written instrument issued or executed by a bonding, surety, or insurance company, licensed to do business in the State of North Carolina, or a cash bond or any other security approved by the committee, guaranteeing the fulfillment of the agreement between the licensee or business entity and his customer.
- (b) While the State of North Carolina does not require that termite control, or other structural pest control services, be covered by a bond, if the licensee advertises or otherwise represents himself or the company which he operates, as being bonded, the bond so advertised shall, in fact, be in force.
- (c) Any licensee or business entity advertising to be bonded shall advise each customer, in writing, in the proposal, whether or not the contract or written agreement will be covered by a bond of any type.
- (d) If the performance of the work is guaranteed by a bond, the obligation of the bond shall set forth specifically such items as: necessary retreatments, timber replacements, etc., in wording identical to that in the bond itself.
History Note: Authority G.S. 106‑65.29;
Eff. July 1, 1976;
Readopted Eff. November 22, 1977;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. November 22, 2018.