Connecticut General Statutes 21-54 – Foreign applicant to file bond
A permit shall not be granted to a person, firm or corporation having his or its principal place of business outside of the state, for the display of any advertisement or the erection of any billboard or other structure designed and intended for the display of advertising matter until such person, firm or corporation has furnished and filed with the Commissioner of Transportation a bond to the state, satisfactory to said commissioner, in such sum as he determines, conditioned that such permittee shall fulfill all requirements of law and the regulations and orders of said commissioner relating to the display of advertisements, and otherwise conditioned as he may determine. Such bond shall remain in full force and effect as long as any obligations of such permittee to the state remain unsatisfied.
Terms Used In Connecticut General Statutes 21-54
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- display: as used in this chapter and in other statutes relating to advertisements and signs, means erecting, maintaining, pasting, painting and posting any advertisement or sign out-of-doors or erecting or maintaining any billboard or other structure designed and intended for the display of advertising matter where the same may be seen by the public, or allowing any such advertisement, billboard or other structure to remain exposed, in whole or in part, to public view, and includes the act itself and the causing of such act to be done. See Connecticut General Statutes 21-62