Tex. Nat. Resources Code Section 162.043
Security for Bid


The board may require bidders to accompany their bids with exchange or bank cashier’s checks in an amount considered adequate by the board to be a forfeit guaranteeing the acceptance and payment for bonds covered by the bids and accepted by the board.
Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1.

Source: Section 162.043 — Security for Bid, https://statutes.­capitol.­texas.­gov/Docs/NR/htm/NR.­162.­htm#162.­043 (accessed Mar. 23, 2024).

Accessed:
Mar. 23, 2024

§ 162.043’s source at texas​.gov