Tex. Loc. Gov't Code § 105.033 · Subchapter C. SECURITY FOR FUNDS HELD BY DEPOSITORY
SURETY BOND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) One or more bonds issued and executed by one or more solvent surety companies authorized to do business in this state, payable to the municipality and filed with the secretary and the designated officer of the municipality, qualify as security under this subchapter if the bonds are approved by the governing body.
(b) After the governing body approves a surety bond, it shall be filed with the secretary and the designated officer of the municipality.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1993, 73rd Leg., ch. 234, Sec. 1, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.105.htm
- Text hash
- sha256 cfa4d704a79f55e3984e5fd2ddb48df3475544d0ca9a2d8169c8a3a9388460b0
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.