Sec. 394.024. BOND. (a) The commission by rule may require an applicant for a permit to file with the commission a surety bond or other security in a reasonable amount. (b) The bond or other security must be payable to the commission to reimburse the commission for the cost of removing a sign unlawfully erected or maintained by a permit holder. (c) A rule adopted under Subsection (a) must exempt an applicant from filing a bond or other security if the applicant has: (1) held at least five permits under this chapter for at least one year; and (2) not violated this chapter or a rule adopted under this chapter during the preceding 12 months.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.