Fla. Admin. Code Ann. R. 40E-1.604 - Bond
(1) The Board may require the applicant for a
permit to furnish a bond made payable to the District and its successors, with
a reputable bonding corporation authorized to do business in this State as
surety, conditioned upon full compliance with terms of the permit, including
the proper construction, operation, and maintenance of the facility. The amount
of the bond shall be determined by the Board.
(2) The Board may require liability insurance
in such amount as the Board may determine endorsed in favor of the District or
a hold harmless agreement satisfactory to the Board, in lieu of a bond under
subsection (1).
(3) The Board may
require that the bond or liability insurance be maintained as a condition of
the continued validity of the permit.
Notes
Rulemaking Authority 373.044, 373.113 FS. Law Implemented 373.085, 373.103, 373.219, 373.413, 373.416 FS.
New 9-3-81, Formerly 16K-1.061.
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