Tex. Transp. Code Section 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.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 394.024 — Bond, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­394.­htm#394.­024 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 394.024’s source at texas​.gov