§ 41-5-6 - Surety bond filed by licensee. - Rhode Island Statutes

SECTION 41-5-6

   § 41-5-6  Surety bond filed by licensee.– No license as provided in § 41-5-1 shall be granted unless the licenseehas executed and filed with the division of racing and athletics a bond in suchpenal sum and with such surety or sureties as shall be satisfactory to thedivision, running to the state, conditioned upon the payment to the state ofthe sums mentioned in § 41-5-15, and upon faithful compliance by thelicensee with the provisions of this chapter, the rules and regulations of thedivision, and with such other laws of the state as may be applicable toanything done by the licensee in pursuance of the license.