Tex. Transp. Code § 283.204

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

Section 283.204 - Depository for Proceeds and Revenues

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.

Tex. Transp. Code § 283.204

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.