New bond requirement for aquaculture farms in Mattapoisett, Massachusetts

aquaculture farms

Signed on May 10, 2012, by Gov. Deval Patrick and put into effect exactly three months later, Massachusetts HB 3833 requires any businesses in Mattapoisett with aquaculture farms licenses post a surety bond.

The bond requirement is explained in the following excerpt from the bill.

“The town may require that the licensees post a bond in an amount determined by the board of selectmen to be sufficient to pay for the costs of any remedial measures required by the town as necessary should the licensee fail to remedy any deficiencies. The town shall send a written notice to the licensee, informing the licensee of the defect and such notice shall provide a reasonable opportunity to cure the defect. In the event that the licensee abandons the licensed operation and it becomes a danger to navigation, public safety, or health, the town shall cure such defect.”

Click here to read Massachusetts HB 3833 in its entirety.

If you need a surety bond in Massachusetts or any other state, you can contact a surety expert online 24/7 or by phone at 1 (800) 308-4358 Monday through Friday from 8 a.m. to 7 p.m.