32B-9-203 (Effective 07/01/11) - Bond for event permit.

32B-9-203 (Effective 07/01/11). Bond for event permit.
(1) (a) A person applying for an event permit shall post a cash bond or surety bond:
(i) in the amount specified in the relevant part under this chapter for the type of eventpermit for which the person is applying; and
(ii) payable to the department.
(b) An event permittee shall procure and maintain a bond required under this section foras long as the event permit is in effect.
(2) A bond posted by an event permittee under this section shall be:
(a) in a form approved by the attorney general; and
(b) conditioned upon the event permittee's faithful compliance with this title and therules of the commission.
(3) No part of a bond posted by an event permittee under this section may be withdrawnduring the period the event permit is in effect.
(4) (a) A bond posted by an event permittee under this section may be forfeited if theevent permit is revoked.
(b) Notwithstanding Subsection (4)(a), the department may make a claim against a bondposted by an event permittee for money owed the department under this title without thecommission first revoking the event permit.

Enacted by Chapter 276, 2010 General Session