Tex. Local Government Code § 131.004
This is the official text of Tex. Local Government Code § 131.004, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 131.004. BOND.
Official statutory text
(a) To secure the performance of a special depository contract, the special depository shall execute a bond, or bonds in the case of installments, with the same character of sureties required for regular depository bonds.
(b) The local government authority authorized by law to approve a bond of a regularly selected depository must approve a bond of a special depository.
(b) The local government authority authorized by law to approve a bond of a regularly selected depository must approve a bond of a special depository.
Status: in_force · Read it on the official government site
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