Final Judgments | Bond or Savings Account Amount per Registration Cycle |
Up to 3 | $18,000.00 |
(3) At the time of relicensing, renewal, or reinstatement the department shall only consider final judgments from the previous five years which will be used to determine the bond or savings account amount according to subsection (2) of this section.
(4) A plumbing contractor's required bond or savings account amount may only be reviewed for reduction to a lower level at their next regular renewal. The increased bond requirement must remain in effect during the entire license cycle even if reinstatement or relicensing occurs.
(5) For purposes of this section, final judgment does not include infractions.
[Statutory Authority: 2020 c 153. WSR 21-13-041, § 296-400A-012, filed 6/10/21, effective 7/1/21.]