§ 64A-6. Indemnity or performance bond.  


Latest version.
  • The Superintendent of Highways shall not give a permit as set forth in § 64A-3 unless there shall have been furnished by the applicant sufficient indemnity or performance bond as determined by the Superintendent of Highways as a condition precedent to the issuance of the permit and the commencement of work. Said bond or indemnity shall be for a reasonable amount and may cover any activities requiring a permit as per § 64A-3 of this chapter, and said bond or indemnity may cover any period of time necessary to include the accomplishment of such activity, all as shall be determined by the Superintendent of Highways. The approval of the Superintendent of Highways as to amount, form, manner of execution and sufficiency of surety or sureties shall be entered on said bond before it shall be filed in the Town Clerk's office, and said bond shall be so filed before said permit shall be effective.