Texas § 363.004 SURETY BOND; ACTION ON BOND.

Texas Statutes

§ 363.004 — SURETY BOND; ACTION ON BOND.

Texas § 363.004

Code TNTransportation Code

This text of Texas § 363.004 (SURETY BOND; ACTION ON BOND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 363.004 (2026).

Text

Sec. 363.004. SURETY BOND; ACTION ON BOND.

(a)Before granting a license to a contractor to construct a toll bridge, the commissioners court shall require a bond in the amount of $1,000 with a good and sufficient surety. The bond shall be conditioned on:

(1)the construction of the bridge by the contractor; and

(2)the maintenance of the bridge by the contractor for the agreed term.

(b)A person who sustains damage because a contractor has not complied with the conditions of the bond may:

(1)sue the contractor on the bond; and

(2)recover any judgment for damages.

(c)A suit for damages under this section shall be brought in the county in which the license is granted.

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Sec. 363.004. SURETY BOND; ACTION ON BOND. (a) Before granting a license to a contractor to construct a toll bridge, the commissioners court shall require a bond in the amount of $1,000 with a good and sufficient surety. The bond shall be conditioned on:
(1) the construction of the bridge by the contractor; and
(2) the maintenance of the bridge by the contractor for the agreed term.
(b) A person who sustains damage because a contractor has not complied with the conditions of the bond may:
(1) sue the contractor on the bond; and
(2) recover any judgment for damages.
(c) A suit for damages under this section shall be brought in the county in which the license is granted.