Any failure on the part of a principal to comply with the conditions of the bond required under § 122.182(c), including a failure of an employer to comply with any requirement applicable to the employer under this subpart, will constitute a breach of the bond and may result in a claim for liquidated damages under the bond.
[T.D. 02-40, 67 FR 48988, July 29, 2002]
ACE rules page: Part 122 in plain English