Sec. 505.12. Bond

Latest version.

The department may require a bond or other form of financial security if it determines that a person submitting an application for a coastal erosion management permit has a record of noncompliance with the terms or conditions of permits issued by the department. Such bond or security must be in an amount, with such surety and conditions as are satisfactory to the department, so as to ensure compliance with the terms and conditions stated in the coastal erosion management permit.

                    
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