- 1. Cancellation of a required surety bond will result in an immediate designation of conditionally licensed for the business.
- 2. The licensee must, within ten (10) days of notification of termination of bond, submit to SLED a new certificate of bond.
- 3. Failure to comply will render the company license invalid and the company must immediately cease the activities for which it is licensed.
HISTORY: Added by State Register Volume 30, Issue No. 6, eff June 23, 2006.