Sec. 394.0204. SURETY BOND. (a) The surety bond required of an applicant for a license under Section 394.0202 must be:
(1) in the amount of $2,500 for each county in the state in which the person erects or maintains an off-premise sign; and
(2) payable to the commission for reimbursement for removal costs of an off-premise 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.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420), Sec. 49(a), eff. September 1, 2011.
Section: Previous 394.003 394.004 394.005 394.006 394.0201 394.0202 394.0203 394.0204 394.0205 394.0206 394.0207 394.021 394.022 394.023 394.024 NextLast modified: September 28, 2016