Texas Transportation Code 391.064 – Surety Bond
Current as of: 2024 | Check for updates
|
Other versions
(a) The surety bond required of an applicant for a license under § 391.062 must be:
(1) in the amount of $2,500 for each county in the state in which the person erects or maintains a commercial sign; and
(2) payable to the commission for reimbursement for removal costs of a commercial sign that the license holder unlawfully erects or maintains.
(b) A person may not be required to provide more than $10,000 in surety bonds.
Terms Used In Texas Transportation Code 391.064
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005