Texas Transportation Code

§ 394.024 — BOND

TN § 394.024Title 6. ROADWAYS · Part H. HIGHWAY BEAUTIFICATION · Ch. 394. REGULATION OF OUTDOOR SIGNS ON RURAL ROADS · Art. B. LICENSE AND PERMIT FOR OFF-PREMISE SIGN

Statute text

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(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.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.