FURNISHING OF INDEMNIFYING BONDS OR PLEDGE OF SECURITIES.
Tex. TRANSP Code § 228.111.
in effectA bank or trust company incorporated under the laws of this state that acts as depository of the proceeds of bonds or of revenue may furnish indemnifying bonds or pledge securities that the department requires.
Transferred from Transportation Code, Section 361.178 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702 ), Sec. 2.42, eff. June 14, 2005.
