Pennsylvania Statutes Title 35 P.S. Health and Safety § 5702.313. Surety bond requirements

(1) Subject to execution under subsection (c).

(2) Conditioned on the nonparticipating manufacturer's compliance with the requirements of this act and the Tobacco Settlement Agreement Act.  1

(3) Posted by a surety bond company located within this Commonwealth.

(4) Posted or adjusted at least 21 days prior to every calendar quarter.

(5) Provided to the Attorney General at least 21 days in advance of each calendar quarter as a precondition for the nonparticipating manufacturer and its brand families being included on the directory for that quarter.  If the amount required to be posted under subsection (b) is equal to or lower than the amount already posted, the nonparticipating manufacturer shall not be required to post a new bond and may comply with this section by providing evidence that the bond already posted will remain in effect for the next calendar year or quarter, whichever is applicable.

(1) $25,000;

(2) for a nonparticipating manufacturer that deposits escrow annually, the highest collective amount of escrow owed in this Commonwealth by the nonparticipating manufacturer or its predecessor for any four consecutive calendar quarters out of the past 12 calendar quarters;

(3) for a nonparticipating manufacturer that deposits escrow quarterly, the highest amount of escrow owed in this Commonwealth by the nonparticipating manufacturer or its predecessor for any of the past 12 calendar quarters;  or

(4) for a nonparticipating manufacturer that, at the time of its application, is not included on the directory and is applying for initial inclusion or reinclusion on the directory, an amount determined by the Attorney General to adequately protect the Commonwealth's interest in enforcing the Tobacco Settlement Agreement Act and this act, considering: