Superheavy/Oversize Permit Bond (Annual)
Logistics companies that own and operate superheavy or oversized vehicles are required to hold $10,000 surety bonds as a licensing requirement. These bonds ensure that principals comply with the provisions of Chapter 623 of the Transportation Code. Superheavy or oversize permit surety bonds in Texas exist to ensure that principals (superheavy/oversize permit holders) make payment to the Texas Department of Transportation for any and all damages that are sustained to any highway that falls under the jurisdiction of the Texas Transportation Commission.
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