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The DC Code: § 22-3226.03 Surety bond requirements for telephone solicitors.

Index22 Criminal Offenses and Penalties. (Refs & Annos)
a
The application for registration or renewal shall be accompanied by a surety bond in the amount of $50,000. The bond shall provide for the indemnification of any person suffering a loss as the result a violation of this subchapter.
b
The surety may terminate the bond upon giving a 60-day written notice to the principal and to the Mayor.
c
Unless the bond is replaced by that of another surety before the expiration of the 60-day notice of cancellation, the registration of the principal shall be treated as lapsed.

Historical and Statutory

Legislative History of Laws For Law 13-301, see notes following § 22-3226.01. DC CODE § 22-3226.03 Current through December 11, 2012

Credits

(Dec. 1, 1982, D.C. Law 4-164, § 126c, as added June 8, 2001, D.C. Law 13-301, § 102, 47 DCR 7039.)