§95‑47.22. Licensing procedure.
(a) In addition to therequirements of subsection (b) of this section, the procedure, under rulesadopted pursuant to this Article, for the issuance, denial and renewal of joblisting service licenses and other aspects of the licensing of job listingservices by the Commissioner shall be substantially the same as that providedunder Article 5A of this Chapter for the licensing of private personnelservices.
(b) Before theDepartment may issue or renew a license under this Article, each licensee shalldeposit with the Department a bond payable to the State of North Carolina andexecuted by a surety company duly authorized to transact business in thisState. The bond shall be in the amount of twenty‑five thousand dollars($25,000) and, if the job listing service terminates its business, shall beheld by the Department until all refunds due applicants under this Article havebeen paid by the job listing service. (1979, c. 780, s. 2; 1993, c.172, s. 1.)