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N.Y. Nav. Law § 93

Bond

2014-09-22

§ 93. Bond. Before granting any such license, the commissioners shall\nrequire the applicant to furnish a bond to the people of this state,\nwith two sureties to be approved by such commissioners or a majority of\nthem, in a penalty not exceeding five hundred dollars. Such bond shall\nbe conditioned upon the diligent and faithful performance by such pilot\nof his duties, and upon his obedience to the rules, regulations and\ndecisions of the commissioners of pilots. Every such bond shall be\nprosecuted in the name of the people of the state of New York, by or in\nbehalf of the commissioners, provided a majority of them shall so\ninstruct, and if any amount be collected in such suit it shall be paid\nto the commissioners, who may thereupon direct the same to be applied\nfor the purposes specified in subdivision two of section ninety-seven of\nthis article.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.