Tex. Transportation Code § 283.204
This is the official text of Tex. Transportation Code § 283.204, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 283.204. DEPOSITORY FOR PROCEEDS AND REVENUES.
Official statutory text
A bank or trust company in this state may:
(1) act as a depository of bond proceeds or revenues received from the operation of a project; and
(2) provide an indemnity bond or pledge securities required by the county.
(1) act as a depository of bond proceeds or revenues received from the operation of a project; and
(2) provide an indemnity bond or pledge securities required by the county.
Status: in_force · Read it on the official government site
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