Kan. Admin. Regs. § 115-10-7 - Reduction or increase in special surety bond

Current through Register Vol. 40, No. 39, September 30, 2021

(a) Each special surety bond, once authorized and in effect, shall not be reduced within the premium period.
(a) Any special surety bond may be increased after the vendor agent has:
(1) supplied the secretary with information the secretary determines necessary to process the amendment application;
(2) paid the required premium for the increased amount, prorated to the bond premium period; and
(3) justified the increase to the secretary.

Notes

Kan. Admin. Regs. § 115-10-7
Authorized by K.S.A. 1989 Supp. 32-807; implementing K.S.A. 1989 Supp. 32-985; effective April 30, 1990.

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