COMPLIANCE INFO_1990 - 2014 - Laserfiche WebLink

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State of California-California Environmental Protection Agency Department of Toxic Substances Control OR, if the Principal shall provide alternate financial assurance,as specified in California Code of Regulations,title 22, division 4.5,chapter 15,article 8,as applicable,and obtain written approval from the CUPA of such assurance,within 90 days after the date notice of cancellation is received by both the Principal and the CUPA,or designee,from the Surety(ies),then this obligation shall be null and void, otherwise it is to remain in full force and effect. The Surety(ies)shall become liable on this bond obligation only when the Principal has failed to fulfill the conditions described above. Upon notification by the CUPA that the Principal has failed to perform as guaranteed by this bond, the Surety(ies)shall place funds in the amount guaranteed for the facility(ies)/TTU(s)into the standby trust fund as directed by the CUPA. The liability of the Surety(ies)shall not be discharged by any payment of or succession of payments hereunder,unless and until such payment or payments shall amount in the aggregate to the penal sum of the bond, but in no event shall the obligation of the Surety(ies) hereunder exceed the amount of said penal sum. The Surety(ies) may cancel the bond by sending notice of cancellation by certified mail to the Principal and to the CUPA, provided, however,that cancellation shall not occur during the 120 days beginning on the date of receipt of the notice of cancellation by both the Principal and the CUPA, as evidenced by the return receipts. The Principal may terminate this bond by sending written notice to the Surety(ies), provided, however, that no such notice shall become effective until the Surety(ies) receive(s)written authorization for termination of the bond from the CUPA. IN WITNESS WHEREOF,the Principal and Surety(ies)have executed this Financial Guarantee Bond and have affixed their seals on the date set forth above. The persons whose signatures appear below hereby certify that they are authorized to execute this surety bond on behalf of the Principal and Surety(ies), that the wording of this surety bond is identical to the wording specified in California Code of Regulations,title 22,section 66264.151,subsection(b), and is being executed in accordance with the requirements of California Code of Regulations, title 22, division 4.5, chapter 15, article 8 and section 67450.13. Principal Signature Corporate Surety(ies)Name: Typed or Printed Name of Person Signing: Address: Title: State of Incorporation: Corporate Seal Signature(s): Title: Typed or Printed Name of Person Signing: Bond Premium: Liability Limit: Corporate Seal: [For every co-surety,provide signature(s), corporate seal, and other information in the same manner as for the Surety above.] DTSC 1155U(01/29/2008) Page 2 of 2