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Texas Transportation Code - Section 284.044. Depository

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§ 284.044. DEPOSITORY.  A bank or trust company in this 
state may:        
		(1)  act as depository of bond proceeds or revenues 
derived from the operation of the project;  and
		(2)  provide indemnity bonds or pledge securities the 
county requires.      

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

Last modified: August 10, 2007