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Form a Business

Bond.

Memphis Code of Ordinances § 12-56-16
in effect
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Sec. 12-56-16. - Bond. Each applicant for a permit required by section 12-56-15 shall, after approval of the application, file with the comptroller a penal bond in the sum of $10,000.00, with two or more good and sufficient sureties, approved by the mayor, conditioned that the conduit construction shall be carried out in accordance with the terms of this article, or with the rules and regulations governing conduit construction and use approved by the director of public works, and that the city and its employees shall be held harmless from all suits for damages that may arise from the construction of any conduit, or that may arise from operations therein, or that may arise in any way as a result of such construction or operation. (Code 1967, § 29-36; Code 1985, § 27-39)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/code_of_ordinances?nodeId=TIT12STSIPUPL_CH12-56POWICO_ART3CO_S12-56-16BOFetched: 10/28/2026

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12-56-16 | Corpus