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NYC Rules of the City of New York

§ 5-256 — Proof of Surety Bond.

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What is NYC RCNY § 5-256?

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No license or renewal shall be issued unless the licensee or applicant submits proof that every bond required by the Department for the license is in effect and does not expire prior to the end of the licensing period. Except where otherwise provided, all such bonds must allow any person aggrieved by the bondholder's b

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 5-256 Proof of Surety Bond.

RCNY § 5-256

No license or renewal shall be issued unless the licensee or applicant submits proof that every bond required by the Department for the license is in effect and does not expire prior to the end of the licensing period. Except where otherwise provided, all such bonds must allow any person aggrieved by the bondholder's breach of the conditions of the bond to proceed against the bond.

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