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COMMONWEALTH OF PENNSYLVANIA

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25 Pa. Code § 271.327. Surety/collateral combination bond.

§ 271.327. Surety/collateral combination bond.

 The Department may accept a bond which is comprised of surety and collateral bond instruments otherwise allowed by this subchapter. The instruments shall be construed as part of the entire bond for the facility. The Department may refuse to accept the bond if it determines that the financial guarantee of the bond is unacceptable, or for another reason does not meet the purposes of the act, this article or orders of the Department.

Source

   The provisions of this §  271.327 adopted April 8, 1988, effective April 9, 1988, 18 Pa.B. 1681.

Cross References

   This section cited in 25 Pa. Code §  271.313 (relating to form, terms and conditions of the bond or trust).


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