17 N.C. Admin Code 12A .0302 - Amount of Bond Required

Rule 12a .0302 - Amount of Bond Required

For motor carrier bonds exceeding five hundred dollars ($500.00), the amount of bond shall be rounded to the nearest one thousand dollars ($1,000.00).  If the amount required is exactly between two one thousand dollar ($1,000.00) increments, the amount shall be rounded to the higher of the two.

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