The bond must be posted within 24 hours of receipt of full payment or a signed contract for payment. If the bond is not posted, all moneys, premium and collateral must be refunded, and all liens released, within 48 hours of receipt.
The bond must be posted within 24 hours of receipt of full payment or a signed contract for payment. If the bond is not posted, all moneys, premium and collateral must be refunded, and all liens released, within 48 hours of receipt.