R4-34-403. License Bond Amounts

A. An applicant shall submit the license bond amount listed for each license class. License Class Bond Amount M-9A $10,000 M-9C $65,000 M-9E $100,000 D-8 $25,000 D-10 $25,000 D-12 $25,000 I-10C $2,500 I-10D $1,000 I-10G $5,000 B. The Board shall not renew a license unless and until the licensee’s surety bond is in full force and effect or the full cash deposit is made or in place.