Operator's bond

Where the commission has reasonable cause to doubt the financial responsibility of the operator or compliance by the operator with KRS 190.350 to 190.365, the commission may require the operator to furnish and maintain a bond in the form, amount, and with the sureties as it shall approve, but not less than one thousand dollars ($1,000) nor more than five thousand dollars ($5,000) conditioned upon the operator complying with KRS 190.350 to 190.365 and the administrative regulations adopted pursuant thereto. Any bond forfeiture is hereby appropriated to the commission.