Utah Admin. Code R652-21-905 - Bonding
The Operator agrees that, for good cause shown, at any time during the term of this Lease, the division may require the Operator to post with the division a bond with an approved corporate surety company authorized to transact business in the State of Utah, or such other surety as may be acceptable to the division, said bond to be conditioned upon full compliance with all terms and conditions of this Lease and the rules relating hereto. The amount of this bond may not be considered to limit any liability of the Operator. The division may, at any time during the term of this Lease, require the Operator to increase the amount of an existing bond.
Notes
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