27 CAR § 91-505
27 CAR § 91-505. Deposit or bond
Length: 100 wordsOfficial source
(a) In the absence of a standing bond as described in 27 CAR § 91-504, an individual deposit or bond to guarantee restoration of the highway right-of-way or property is required prior to the issuance of a permit.
(b) The District Engineer will determine the amount of the deposit or bond required.
(c) The deposit or bond will be used by the Arkansas Department of Transportation in restoring the highway right-of-way or property to its former condition if the utility owner fails to do so.
(d) The deposit or bond must be provided in the name of the utility owner.