The department may not issue a permit until the applicant furnishes a bond to the department in the amount and with surety that the department considers necessary. The amount of the bond may not be less than $1,000 nor more than $10,000. The bond shall be conditioned on the applicant's full compliance with the provisions and requirements imposed by AS 23.15.330 - 23.15.520 and the payment of all judgments recovered against the applicant for violation of AS 23.15.330 - 23.15.520 and any judgment and costs recovered against the applicant by a laborer, worker, or applicant for a position due to wilful misrepresentation or wilful deceit of a laborer or applicant for a position.
Section: Previous 23.15.330 23.15.340 23.15.350 23.15.360 23.15.370 23.15.380 23.15.390 23.15.400 23.15.410 23.15.420 23.15.430 23.15.440 23.15.450 23.15.460 23.15.470 NextLast modified: November 15, 2016