32A-4-205 (Repealed 07/01/11) - Bond. - Utah Statutes

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Statutes > Utah > Title-32a > Chapter-04 > 32a-4-205-repealed-07-01-11

32A-4-205 (Repealed 07/01/11). Bond.
(1) Each airport lounge liquor licensee shall post a cash or corporate surety bond in thepenal sum of $10,000 payable to the department, which the licensee has procured and mustmaintain for so long as the licensee continues to operate as an airport lounge liquor licensee.
(2) The bond shall be in a form approved by the attorney general, conditioned upon thelicensee's faithful compliance with this title and the rules of the commission.
(3) If the $10,000 surety bond is canceled due to the licensee's negligence, a $300reinstatement fee may be assessed. No part of any cash or corporate bond so posted may bewithdrawn during the period the license is in effect, or while revocation proceedings are pendingagainst the licensee. A bond filed by a licensee may be forfeited if the license is finally revoked.

Enacted by Chapter 23, 1990 General Session
Repealed by Chapter 276, 2010 General Session

State Codes and Statutes

Statutes > Utah > Title-32a > Chapter-04 > 32a-4-205-repealed-07-01-11

32A-4-205 (Repealed 07/01/11). Bond.
(1) Each airport lounge liquor licensee shall post a cash or corporate surety bond in thepenal sum of $10,000 payable to the department, which the licensee has procured and mustmaintain for so long as the licensee continues to operate as an airport lounge liquor licensee.
(2) The bond shall be in a form approved by the attorney general, conditioned upon thelicensee's faithful compliance with this title and the rules of the commission.
(3) If the $10,000 surety bond is canceled due to the licensee's negligence, a $300reinstatement fee may be assessed. No part of any cash or corporate bond so posted may bewithdrawn during the period the license is in effect, or while revocation proceedings are pendingagainst the licensee. A bond filed by a licensee may be forfeited if the license is finally revoked.

Enacted by Chapter 23, 1990 General Session
Repealed by Chapter 276, 2010 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-32a > Chapter-04 > 32a-4-205-repealed-07-01-11

32A-4-205 (Repealed 07/01/11). Bond.
(1) Each airport lounge liquor licensee shall post a cash or corporate surety bond in thepenal sum of $10,000 payable to the department, which the licensee has procured and mustmaintain for so long as the licensee continues to operate as an airport lounge liquor licensee.
(2) The bond shall be in a form approved by the attorney general, conditioned upon thelicensee's faithful compliance with this title and the rules of the commission.
(3) If the $10,000 surety bond is canceled due to the licensee's negligence, a $300reinstatement fee may be assessed. No part of any cash or corporate bond so posted may bewithdrawn during the period the license is in effect, or while revocation proceedings are pendingagainst the licensee. A bond filed by a licensee may be forfeited if the license is finally revoked.

Enacted by Chapter 23, 1990 General Session
Repealed by Chapter 276, 2010 General Session