Minnesota HF2150 requires tire collectors to obtain a surety bond of at least $150,000.

Minnesota HF2150 amends solid waste regulations by requiring tire collectors to secure a surety bond of at least $150,000 before obtaining or renewing a permit. The bond must be continuous and the surety must provide a 30-day written notice before canceling it. The bond is for the benefit of the citizens and is conditioned on the tire collector's compliance with relevant statutes and rules. The surety's liability is limited to the bond amount or the damages due, whichever is less, but this does not limit the damages recoverable from the tire collector.

Minnesota HF2150 requires tire collectors to obtain a surety bond of at least $150,000.

Minnesota HF2150 amends solid waste regulations by requiring tire collectors to secure a surety bond of at least $150,000 before obtaining or renewing a permit. The bond must be continuous and the surety must provide a 30-day written notice before canceling it. The bond is for the benefit of the citizens and is conditioned on the tire collector's compliance with relevant statutes and rules. The surety's liability is limited to the bond amount or the damages due, whichever is less, but this does not limit the damages recoverable from the tire collector.