Tex. Transp. Code § 283.204 · Subchapter C. PROVISIONS RELATING TO BONDS

DEPOSITORY FOR PROCEEDS AND REVENUES.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

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.

Notes and commentary — not statutory text

History

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

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/TN/htm/TN.283.htm
Text hash: sha256 838b3cf2bd9465f3edb72f027777f2b995a7b1d3f1545896e94098d3890ddf05
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.