Section 45.30.015. Bonds.  


Latest version.
  •    (a) A manufacturer constructing mobile homes for sale in the state shall deposit a performance bond in the amount of $100,000 with the department to assure compliance with the provisions of AS 45.30.011.
       (b) A manufacturer who discontinues construction of mobile homes for sale in the state shall maintain a performance bond in the required amount for a period of 24 months after the date the last mobile home was delivered to a buyer in the state.

Authorities

45.30.018

Notes


References

AS 45.30.018 Private cause of action against bond.
History

(Sec. 1 ch 104 SLA 1980; am Sec. 1 ch 15 SLA 1986)