Key: (1) language to be deleted (2) new language
An act
relating to health; changing provisions for well contractor's license;
amending Minnesota Statutes 2006, sections 103I.525, subdivision 5; 103I.531, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
(a) As a condition of being issued a well contractor's license, the applicant, except a person applying for an individual well contractor's license, must submit a corporate surety bond for deleted text begin $10,000deleted text end new text begin $25,000new text end approved by the commissioner. The bond must be conditioned to pay the state on performance of work in this state that is not in compliance with this chapter or rules adopted under this chapter. The bond is in lieu of other license bonds required by a political subdivision of the state.
(b) From proceeds of the bond, the commissioner may compensate persons injured or suffering financial loss because of a failure of the applicant to perform work or duties in compliance with this chapter or rules adopted under this chapter.
The fee for a limited well/boring contractor's license is $75.new text begin The fee for three or more limited well/boring contractor licenses is $225.new text end
Presented to the governor May 21, 2007
Signed by the governor May 23, 2007, 10:21 a.m.
Official Publication of the State of Minnesota
Revisor of Statutes