20-9.001(2) Payment guaranteed by bond, deposit, or letter of credit: To guarantee payment of assessments, handlers shall post a surety bond, cash bond, certificate of deposit or letter of credit, as provided in either Section 20-9.005 or 20-9.008 or ______, F.A.C.
20-9.008(3) The certificate of deposit shall be issued in the name of the licensed handler and accompanied by the State of Florida, Department of Citrus. The handler shall present a certificate of deposit and an executed assignment of such handler's interest in the certificate in favor of the State of Florida, Department of Citrus on the Assignment form cit/rev/07 rev. 7-11-07, incorporated by reference in 20-100.004(38) and a letter from the issuing bank acknowledging the assignment of the certificate of deposit to the State of Florida, Department of Citrus a form to be provided by the Department of Citrus.