Rule 4501-1-07 | Performance bond.

• Effective: January 1, 2008
• Promulgated Under: 119.03

The director shall not issue a license to any person and may revoke, suspend, or take other appropriate action on any license held by any person who does not have or does not maintain in effect a performance bond in the amount of not less than $1,000 for each and every school bus operated under contract with a school by the licensee.

Supplemental Information

Authorized By: R.C. 4511.76
Amplifies: R.C. 4511.76, R.C. 4511.763
Five Year Review Date: 10/1/2022
Prior Effective Dates: 10/21/1966, 4/1/1998, 5/22/2003