Florida Administrative Code
5 - DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES
5J - Division of Consumer Services
Chapter 5J-25 - DEALERS IN AGRICULTURAL PRODUCTS
Section 5J-25.001 - Bond and/or Certificate of Deposit Required; Agricultural Products

Universal Citation: FL Admin Code R 5J-25.001

Current through Reg. 50, No. 187; September 24, 2024

(1) No dealer shall be required to furnish a bond and/or certificate of deposit in an amount greater than one hundred thousand dollars ($100, 000).

(2) The maximum amount of bond and/or certificate of deposit required of a dealer shall be no prohibition to a dealer furnishing a bond and/or certificate of deposit in an amount greater than the maximum required.

(3) A separate bond and/or certificate of deposit shall be required to cover each one-year license period.

Rulemaking Authority 604.27 FS. Law Implemented 604.19, 604.20(1) FS.

New 9-12-79, Amended 1-11-81, 5-2-82, Formerly 5H-1.01, Amended 5-3-90, 7-7-92, 2-26-96, 8-11-96, 1-11-06, Formerly 5H-1.001.

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