Sec. 131.203. BOND WITHOUT SURETY. The commission may accept the bond of the operator itself, without separate surety, if the operator demonstrates to the satisfaction of the commission the existence of a suitable agent to receive service of process and a history of financial solvency and continuous operation sufficient to self-insure or bond the amount.
Acts 1977, 65th Leg., p. 2627, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Chapter 131 - Uranium Surface Mining and Reclamation Act
Subchapter E. Bonds and Deposits
Section 131.201. Performance Bond Requirement
Section 131.202. Amount of Performance Bond
Section 131.203. Bond Without Surety
Section 131.204. Extent of Liability Under Bond
Section 131.205. Security for Bond
Section 131.206. Increase or Decrease of Bond
Section 131.207. Forfeiture of Operator's Performance Bond
Section 131.208. Application for Release of Performance Bond or Deposit
Section 131.210. Inspection and Evaluation
Section 131.211. Basis for Release of Bond or Deposit
Section 131.212. Disapproval of Application for Bond or Deposit Release
Section 131.213. Notice of Release to Local Governmental Agency