Upon approval of the application and prior to issuance of a permit, the applicant may, at the discretion of the Commission, be required to file a bond with such surety in such amount and in a form approved by the Commission.
The bond or surety shall be conditional on compliance with all provisions of these regulations and their terms, conditions, and limitations established in the permit.
The Commission may require the applicant to certify that it has public liability insurance against liability which might result from the proposed operation or use of the wetland or water courses covering any and all damage which might occur within two years of completion of such operations, in an amount commensurate with the regulated activity.