Tex. Transp. Code Section 283.204
Depository for Proceeds and Revenues

A bank or trust company in this state may:

(1)

act as a depository of bond proceeds or revenues received from the operation of a project; and

(2)

provide an indemnity bond or pledge securities required by the county.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 283.204 — Depository for Proceeds and Revenues, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­283.­htm#283.­204 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 283.204’s source at texas​.gov