Section 3-122-222 - Acceptable bid security, contract performance and payment bonds(a) Acceptable bid security and contract performance and payment bonds, pursuant to sections 103D-323 and 103D-324, HRS, shall be limited to: (1) Surety bone underwritten by a company licensed to issue bonds in this State;(3) A certificate of deposit; credit union share certificate; or cashier's, treasurer's, teller's, or official check drawn by, or a certified check accepted by a bank, a savings institution, or credit union insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration, and payable at sight or unconditionally assigned to the procurement officer advertising for offers. These instruments may be utilized only to a maximum of $100,000. If the required amount totals over $100,000, more than one instrument not exceeding $100,000 each and issued by different financial institutions shall be accepted.(b) All documentation provided to the purchasing agency shall contain the original signatures signed in ink.[Eff 12/15/95; am and comp 11/17/97; am and comp MAR 21 2008] (Auth: HRS §§ 103D-202, 103D-323, 103D-324) (Imp: HRS §§ 103D-323, 103D-324)