(a) In its sole discretion, the Authority may set: (1) the premiums and fees for providing bonding assistance under the Program; and (2) the terms and conditions when the premiums and fees are payable. (b) The premiums and fees may vary in amount among transactions and at different stages of a transaction. (c) A determination by the Authority on premiums and fees remains effective for as long as the bonding assistance provided by the Authority is in effect.
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