11 NCAC 13 .0405             SURETY BOND

The surety bond described in G.S. 58-69-10 shall be executed on the Bond-MC form supplied by the Commissioner of Insurance and shall be completed and executed in accordance with the laws of North Carolina governing surety bonds by a surety company authorized to transact business in this state.

History Note:        Authority G.S. 58-2-40; 58-69-20(5);

Eff. February 1, 1976;

Readopted Eff. January 1, 1978;

Amended Eff. October 1, 2010; April 8, 2002;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. June 25, 2016.