Section 391.064. Surety Bond

TX Transp Code § 391.064 (2019) (N/A)
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Sec. 391.064. SURETY BOND. (a) The surety bond required of an applicant for a license under Section 391.062 must be:

(1) in the amount of $2,500 for each county in the state in which the person erects or maintains a commercial sign; and

(2) payable to the commission for reimbursement for removal costs of a commercial sign that the license holder unlawfully erects or maintains.

(b) A person may not be required to provide more than $10,000 in surety bonds.

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

Amended by:

Acts 2017, 85th Leg., R.S., Ch. 964 (S.B. 2006), Sec. 16, eff. June 15, 2017.