Kentucky License Bond for Radon Mitigation Professionals - Surety Bonds Blog Kvinders sorte timberland støvler
Kentucky License Bond for Radon Mitigation Professionals
Published: Sep 7, 2011
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HB 247: License Bond – Radon Mitigation Professionals
Under this bill radon mitigation professionals and radon measurement professionals will be regulated. These professionals will have to be certified and be able to post a $10,000 License and Permit Surety Bond. This bond will be conditioned on compliance with the proposed law and any rules adopted to implement it. In order for this bond to be in compliance it will have to be issued by a corporate surety that is authorized to transact surety business within the Commonwealth. The surety’s liability with the principal will be limited to the penal sum of the bond, and the bill provides for cancellation by the surety with advance written notice. The SFAA was contacted during the drafting of this bill and assisted in writing it.
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