§ 5-204. Tentative plat approval.

   (a) In general. -- A planning commission may provide in the subdivision regulations or practice for tentative approval of a plat before completion of improvements or installation of utilities.

(b) Revocability. -- Tentative approval of a plat shall be revocable and may not be indicated on the plat.

(c) Alternate forms of security acceptable. --

   (1) Instead of requiring the completion of improvements and installation of utilities before the final approval of a plat, a planning commission may accept security approved by the local jurisdiction to secure the construction of improvements and installation of utilities.

   (2) Forms of security accepted by a planning commission under paragraph (1) of this subsection:

      (i) shall specify the time for completion and specifications set by or in accordance with the subdivision regulations of the planning commission;

      (ii) may include a bond with surety, an irrevocable letter of credit, or any other form of security approved by the local jurisdiction; and

      (iii) may be enforced by any appropriate legal or equitable remedy.

HISTORY: An. Code 1957, art. 66B, § 5.03(b)(2), (3); 2012, ch. 426, § 2.