Texas Transportation Code
§ 686.002 — REQUIREMENT OF FINANCIAL RESPONSIBILITY FOR VALET PARKING SERVICES
TN § 686.002Title 7. VEHICLES AND TRAFFIC · Part H. PARKING, TOWING, AND STORAGE OF VEHICLES · Ch. 686. VALET PARKING SERVICES
Statute text
View on sourceA person may not operate a valet parking service unless financial responsibility for each employee who operates a motor vehicle for the service is established through:
(1)a motor vehicle liability or comprehensive general liability and garage insurance policy in an amount established by Section 686.004;
(2)a surety bond filed under Section 601.121; or
(3)a deposit in the amount of $450,000 under Section 601.122, notwithstanding any other amount prescribed by that section.
Legislative history
Added by Acts 2003, 78th Leg., ch. 816, Sec. 23.002, eff. March 1, 2004.