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14-57-306. Surety bond requirement.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-57-306. Surety bond requirement.
(a) No permit shall be granted under § 14-57-304 until and unless the applicant shall file with the governing body of the city or town a surety bond of a corporate surety authorized to do business in this state, in such amount as the city or town shall determine, conditioned upon the applicant establishing, maintaining, and continuing the proposed service until such time as the permit issued to applicant is cancelled, withdrawn, or has expired.
(b) If the applicant fails to comply with the provisions of the bond, the city or town shall forfeit such amount of the bond as it shall deem necessary to adequately compensate the city or town for loss of the applicant's service.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-57-306
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-57-306
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: fcfe9e49b16b959643c55fc335ad0a440370ffa0a7ffa22f624998294eed81db
Source location: content.xml paragraph 18049
Stored source content
14-57-306. Surety bond requirement.
(a) No permit shall be granted under § 14-57-304 until and unless the applicant shall file with the governing body of the city or town a surety bond of a corporate surety authorized to do business in this state, in such amount as the city or town shall determine, conditioned upon the applicant establishing, maintaining, and continuing the proposed service until such time as the permit issued to applicant is cancelled, withdrawn, or has expired.
(b) If the applicant fails to comply with the provisions of the bond, the city or town shall forfeit such amount of the bond as it shall deem necessary to adequately compensate the city or town for loss of the applicant's service.
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-57-304. Permit required.
(a) No person, firm, corporation, or association shall engage in or carry on the business referred to in § 14-57-302 in cities of the first or second class without first procuring from the governing body of the municipality in which it is proposed to operate a permit so to do.
(b) Governing bodies of these cities are authorized to grant or to refuse these permits.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-57-304
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 14-57-304. This identifies an authority to review, not proof of applicability.