(1)
(a) A person applying for an event permit shall post a surety bond:
(i) in the amount specified in this chapter for the type of event permit for which the person is applying; and
(ii) payable to the department.
(b) An event permittee shall procure and maintain a bond required under this section for as long as the event permit is in effect.
(2) A bond posted by an event permittee under this section shall be:
(a) in a form approved by the attorney general; and
(b) conditioned upon the event permittee's faithful compliance with this title and the rules of the commission.
(3) No part of a bond posted by an event permittee under this section may be withdrawn during the period the event permit is in effect.
(4)
(a) A bond posted by an event permittee under this section may be forfeited if the event permit is revoked.
(b) Notwithstanding Subsection (4)(a), the department may make a claim against a bond posted by an event permittee for money owed the department under this title without the commission first revoking the event permit.