A bond shall be accepted by the department if it is a bond issued by a fidelity or surety company admitted to do business in the state of Washington and the fidelity or surety company is found by the state finance commission to be financially secure at licensing and licensing renewals, if it is a personal bond secured by such collateral as the secretary deems satisfactory and in accordance with RCW 70A.310.100, or if it is a cash bond.
RCW 70A.310.110
Acceptable bonds.
Known as the Mill Tailings Licensing and Perpetual Care Act
The act spans §§ 70A.310.010 to 70A.310.901 (17 sections).
2020 c 20 s 1373; 1987 c 184 s 6; 1979 ex.s. c 110 s 11
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.