What must businesses involved in plant production maintain as a requirement of the applicable law?

In plant production, businesses are required to maintain bonding as a legal necessity. Bonding ensures that a company has the necessary financial security to cover any potential liabilities, such as damage or loss that may occur during operations. This requirement is crucial as it protects consumers, the environment, and other stakeholders from financial loss caused by the company's actions or failures.

Having a bond in place acts as a safety net that facilitates compliance with various regulations and standards that govern plant production. It provides assurance that the company can meet its obligations, which is essential for fostering trust and credibility in the market. In contrast, options such as annual contracts, networking events, and business licenses, while important for various aspects of running a business, do not specifically address the legal requirements related to the financial responsibleness and risk mitigation that bonding provides in the horticulture industry.