Texas Transportation Code

§ 623.012 — SECURITY FOR PERMIT

TN § 623.012Title 7. VEHICLES AND TRAFFIC · Part E. VEHICLE SIZE AND WEIGHT · Ch. 623. PERMITS FOR OVERSIZE OR OVERWEIGHT VEHICLES · Art. B. GENERAL PERMITS

Statute text

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(a)An applicant for a permit under Section 623.011, other than a permit under that section to operate a vehicle loaded with timber or pulp wood, wood chips, cotton, or agricultural products in their natural state, and an applicant for a permit under Section 623.321 shall file with the department:

(1)a blanket bond; or

(2)an irrevocable letter of credit issued by a financial institution the deposits of which are guaranteed by the Federal Deposit Insurance Corporation.

(b)The bond or letter of credit must:

(1)be in the amount of $15,000 payable to the counties of this state;

(2)be conditioned that the applicant will pay a county for any damage to a road or bridge of the county caused by the operation of the vehicle:

…

Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 72, eff. September 1, 2011. Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 108, eff. September 1, 2013. Acts 2021, 87th Leg., R.S., Ch. 410 (S.B. 1814), Sec. 3, eff. September 1, 2021.