02-302 C.M.R. ch. 30, § 1 - Bond Required
A. Each applicant
for initial and renewal licensure must furnish evidence of a $10,000 surety
bond payable to the Treasurer of the State of Maine and issued by a surety
company approved by the Bureau of Insurance and licensed to do business in the
State of Maine.
B. An applicant for
initial licensure or renewal may be required by the Board, when necessary to
protect the public, to obtain an additional bond in an amount determined
appropriate by the Board.
Notes
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