MCC §3.40.150
Security deposit for contracts
Read the official text at library.municode.com ↗Before signing a contract, the bidder must pay a security deposit equal to two months' rent. Instead of cash, the finance director may accept a bond from an approved surety company, with the County as the named beneficiary.
businessescontractors
The ordinance, as written (Maui County) — Security deposit
A copy, taken August 21, 2026. The version published by Maui County is the one that governs, and it may have changed since. Check it before relying on anything here.
Before any contract is entered into, the bidder shall give security for the compliance
therewith by deposit of an amount equal to two months' rental. In lieu thereof, the
director of finance may accept good and sufficient bond for the amount, naming the
County as obligee, with the bidder as principal, and a surety company authorized to
do business as such in this state, as surety.
(Ord. 1069 § (part), 1980: prior code § 5-9.4(j))
Read the official text at library.municode.com ↗as published Nov 21, 2025our copy taken Aug 21, 2026
Published by the County of Maui through Municode.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.