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Tex. Local Government Code § 116.086

SOLVENCY OF SURETY COMPANY AND ADEQUACY OF SECURITIES

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 116.086, SOLVENCY OF SURETY COMPANY AND ADEQUACY OF SECURITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689265
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Whenever the commissioners court considers it necessary for the protection of the county, the commissioners court may investigate the solvency of a surety company that issues a bond on behalf of a depository of county funds or investigate the value of securities pledged by a depository to secure county funds.