Sec. 29-155a. Applicant to post surety bond and provide general liability insurance certificate.
181 words·~1 min read·
/ct/title-29/chapter-534-private-detectives-and-security-services/29-155a·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Each applicant for a license as a private detective or as a private detective agency shall post with the commissioner a bond in favor of the state with surety in the amount of ten thousand dollars. No bond shall be accepted for filing unless it is with a surety company authorized to do business in this state and conditioned that the principal named therein shall not do any act meriting suspension or revocation of such principal's license under the provisions of this chapter. Any person aggrieved by an act of the principal named in such bond in violation of the provisions of sections 29-153 to 29-161 , inclusive, may proceed on such bond against the principal or surety therein, or both, to recover damages.
(b)Prior to being issued a license, an applicant shall provide a copy of a certificate of general liability insurance for not less than three hundred thousand dollars.
(c)A licensee shall notify the commissioner in writing within thirty days of a change of status in the liability insurance or surety bond required by this section.