Texas HB3389 amends the Transportation Code to require a surety bond for oversize or overweight vehicles crossing highways.
Texas HB3389 amends the Transportation Code to require individuals or entities operating oversize or overweight vehicles to contract with the Texas Department of Transportation for indemnification against damage. Additionally, they must execute a surety bond approved by the Texas Department of Transportation, the comptroller, and the attorney general. The bond must be issued by a corporate surety authorized to do business in Texas and conditioned on the person fulfilling the obligations of the agreement. The changes apply to surety bonds approved on or after the effective date of the Act.
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