In lieu of a performance bond in the amounts required by the provisions of section 90-721 above, a licensee may elect and provide a performance bond otherwise comporting with
the requirements of section 90-721 above in the amount of $2,500,000.00 for the entire period of the term of a license.
Upon the proper posting of such alternative bond, the commission shall return performance
bonds previously provided for such license or licenses pursuant to the provisions
of this article.
