As a condition of issuance of a towing service license, each applicant shall furnish
a surety bond in the sum of Ten Thousand Dollars ($10,000.00) payable to the County
and executed by the applicant and a surety approved by the Director. Such bond shall
be conditioned upon the applicant's compliance with the provisions of this Division
and Subtitle 26, Division 10, and upon the condition that the applicant will pay any
penalty or other obligation within thirty (30) days of its imposition, including but
not limited to orders for reimbursement, issued by a hearing officer under Section 26-142.10. In lieu of a surety bond, the Director may allow a cash deposit equal to Ten Thousand
Dollars ($10,000.00).
(CB-40-2009)
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