§ 24.132 - Change in bond status.

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A proprietor must file an amended application if the proprietor's bond status changes in either of the following ways:

A proprietor who has not furnished any bond becomes required to furnish a bond as provided under § 24.154(b); or

A proprietor who has furnished a bond becomes exempt from bond requirements under § 24.146(d) and chooses to terminate all bond coverage as provided under § 24.160.