§ 19-26-3 - License bond.
SECTION 19-26-3
§ 19-26-3 License bond. – Before any license is issued under the provisions of this chapter, the personapplying for the license shall give bond to the city or town treasurer in thepenal sum of two thousand dollars ($2,000) with at least two (2) suretiessatisfactory to the town council, which sureties shall be residents of the townor city where the licensee proposes to do business, conditioned that he or shewill not violate any of the provisions of this chapter, and for the payment ofall costs and damages incurred by any violation of this chapter, and the otherfines and penalties provided for in this section for any violation of theprovisions of this chapter shall not affect the liability of the obligor uponthe bond.