Penalty bond

Sec. 22. The commission shall determine the amount of a penalty bond subject to the following: (1) A bond may not be less than: (A) five thousand dollars ($5,000); or (B) one thousand dollars ($1,000) per acre; whichever is larger. (2) The total bond may not be greater than five thousand dollars ($5,000) per acre. [Pre-1995 Recodification Citation: 13-4-6-5(f) part.] As added by P.L.1-1995, SEC.29.