Tex. Labor Code § 203.260
This is the official text of Tex. Labor Code § 203.260, part of Texas’s Labor Code — governs wages, workplace safety, and workers' compensation.
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§ 203.260. STATE NOT TO IMPAIR BOND OBLIGATIONS.
Official statutory text
If bonds under this subchapter are outstanding, the state may not:
(1) take action to limit or restrict the rights of the commission to fulfill its responsibility to pay bond obligations; or
(2) in any way impair the rights and remedies of the bond owners until the bonds are fully discharged.
(1) take action to limit or restrict the rights of the commission to fulfill its responsibility to pay bond obligations; or
(2) in any way impair the rights and remedies of the bond owners until the bonds are fully discharged.
Status: in_force · Read it on the official government site
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