Tex. Loc. Gov't Code § 116.086

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 116.086 - Solvency of Surety Company and Adequacy of Securities

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.

Tex. Loc. Gov't. Code § 116.086

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.