Tex. Local Government Code § 131.004
BOND
Texas · Texas Local Government Code · Status: effective
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- Citation
- Tex. Local Government Code § 131.004, BOND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689453
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Full text
(a) To secure the performance of a special depository contract, the special depository shall execute a bond, or bonds in the case of installments, with the same character of sureties required for regular depository bonds.
(b) The local government authority authorized by law to approve a bond of a regularly selected depository must approve a bond of a special depository.