Tex. Local Gov't Code Section 131.004
Bond

(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.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Source: Section 131.004 — Bond, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­131.­htm#131.­004 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 131.004’s source at texas​.gov