§ 7.60.100. Agreement for satisfaction of judgment.
Latest version.
An applicant for a license for an outdoor festival who deposits with the tax collector
and assigns to the county savings and loan certificates or shares in lieu of or in
addition to the undertaking or policy of insurance required by subsection F of Section 7.60.060, also, at the same time shall file with the tax collector an agreement in writing
in which he agrees that the county may, and the county may, satisfy either in whole
or in part, from such certificates or shares, any final judgment or any judgment upon
which execution may issue, the payment of which is or would have been guaranteed by
the undertaking required by this Part 1.