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(a) All water well contractors shall abide by the licensing laws of Arkansas and shall post a water well contractor’s bond.
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(b) The Commission on Water Well Construction shall establish and promulgate rules establishing the amount of water well contractor’s bonds based on a water well contractor’s past performance or violations of the rules of this chapter, construction methods, type or class of construction, and business practices.
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(c) In no instance shall this bond be less than ten thousand dollars ($10,000) unless exempted by other provisions of this chapter.
