Tex. Local Government Code § 116.086
This is the official text of Tex. Local Government Code § 116.086, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 116.086. SOLVENCY OF SURETY COMPANY AND ADEQUACY OF SECURITIES.
Official statutory text
Whenever the commissioners court considers it necessary for the protection of the county, the commissioners court may investigate the solvency of a surety company that issues a bond on behalf of a depository of county funds or investigate the value of securities pledged by a depository to secure county funds.
Status: in_force · Read it on the official government site
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