Before any license to engage in the business of a private detective or to conduct a private detective agency shall be issued as provided in this chapter, the applicant shall furnish to the city a good and sufficient surety bond or insurance policy, the same to be approved by the city manager. A bond shall be signed by some good solvent bonding company authorized to do business in this state and an insurance policy shall be executed by some good solvent insurance company authorized to do business in this state. (Ord. Nos. 4039; 4311)