Ga. Comp. R. & Regs. 40-21-8-.04

Current through Rules and Regulations filed through November 21, 2024

Rule 40-21-8-.04 - Surety Bond

Surety Bonds shall be in the following minimum amounts, to cover legal damages arising from the use of chemicals, dusting powders and the like, employed by the principal in his regular business operations:

(a) Aerial Contractors

Minimum Bond	$50,000
Maximum Deductible	$1,000

(b) Ground Contractors

Minimum Bond	$20,000
Maximum Deductible	$500

Ga. Comp. R. & Regs. R. 40-21-8-.04

Ga. L. 1976, p. 369. O.C.G.A. Sec. 2-7-90, et seq.

Original Rule entitled "Surety Bonds" was filed on June 24, 1974 as 40-21-1-.04; effective June 14, 1974.

Amended: Rule repealed and a new Rule entitled "Surety Bond" adopted. Filed July 5, 1977; effective July 25, 1977.

Amended: Rule renumbered as 40-21-8-.04. Filed July 10, 1978; effective July 30, 1978.

Amended: Filed May 17, 1984; effective June 6, 1984.