10-47B-88. Decrease in bond amount, or waiver of bond, upon demonstration of financial condition.
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/sd/title-10/chapter-10-47/10-47b-88·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The secretary may review evidence provided by a licensee or applicant for license which demonstrates that the licensee's financial condition warrants a decrease in the bond amount or waiver of the bond. If the secretary determines that a decrease in the bond amount or waiver of the bond is warranted, the secretary may order a decrease in the bond amount or waive the requirement.