Current through the 2024 Fourth Special Session
Section 32B-9-203 - 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 event permit 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 for as 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this title and the rules of the commission.(3) No part of a bond posted by an event permittee under this section may be withdrawn during the period the event permit is in effect.(4)(a) A bond posted by an event permittee under this section may be forfeited if the event permit is revoked.(b) Notwithstanding Subsection (4)(a), the department may make a claim against a bond posted by an event permittee for money owed the department under this title without the commission first revoking the event permit.Enacted by Chapter 276, 2010 General Session.