New applicant bonding requirements: What will the bond amount be?
On all new applications for any classification of license, the applicant shall estimate his anticipated gross volume of work within the State of Arizona for the remainder of the present fiscal year and shall be governed by the bond requirements herein before set forth as they apply to his particular classification of license. The filing of a bond or deposit in a specified amount shall be deemed to be the equivalent of submitting a volume estimate within the dollar limitations applicable for such bond amount.
