§ 38-1.1. Sufficient indemnity required.

The Town Superintendent of Highways shall not give his written consent that any act or acts set forth in § 38-1 be performed unless there shall have been furnished by the applicant a sufficient indemnity or performance bond as determined by the Superintendent of Highways as a condition precedent thereto. Said bond or indemnity shall be for a reasonable amount and may cover one or more than one of the acts specified in § 38-1 of this article, and said bond or indemnity may cover any period of time necessary to include the accomplishment of one or more of the aforesaid acts, all as shall be determined by the Town 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 endorsed on said bond before it shall be filed in the Town Clerk's office, and said bond shall be so filed before said consent shall be effective.