Kan. Admin. Regs. § 115-10-1 - Special surety bond program; definitions
Current through Register Vol. 40, No. 39, September 30, 2021
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115-10-1. Special surety bond program; definitions. (a) "appointing authority" means either the secretary or the county clerk of any county in Kansas;
(b) "license or permit" means any license, stamp or permit issued by the department for sale to the general public;
(c) "applicant" means any person who has presented the appointing authority with a completed application for appointment as a vendor agent for selling licenses and permits;
(d) "special surety bond" means a bond agreement issued by a vendor agent and accepted by the secretary as having satisfied the bond requirements established in K.S.A. 1989 Supp. 32-985;
(e) "premium period" means the period of time in which the vendor agent has paid the prescribed fee and in which the special surety bond shall be in effect; and
(f) "vendor agent" means any person authorized by the appointing authority, pursuant to K.S.A. 1989 Supp. 32-985, to sell licenses and permits of the department. (Authorized by K.S.A. 1989 Supp. 32-807; implementing K.S.A. 1989 Supp. 32-985; effective April 30, 1990.)