SECURITY FOR BID.
Tex. NAT. RES Code § 162.043.
in effectThe 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.
