Tex. Nat. Res. Code § 161.124

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 161.124 - Security for Bid

The board may require bidders to accompany their bids with exchange or bank cashier's checks in an amount considered adequate by the board to be a forfeit guaranteeing the acceptance and payment for bonds covered by the bids and accepted by the board.

Amended by Acts 1993, 73rd Leg., ch. 242, Sec. 1.11, eff. 8/30/1993.

Acts 1977, 65th Leg., p. 2661, ch. 871, art. I, Sec. 1, eff. 9/1/1977.