Sec. 212.901. DEVELOPER REQUIRED TO PROVIDE SURETY. (a) To ensure that it will not incur liabilities, a municipality may require, before it gives approval of the plans for a development, that the owner of the development provide sufficient surety to guarantee that claims against the development will be satisfied if a default occurs.
(b) This section does not preclude a claimant from seeking recovery by other means.
Added by Acts 1989, 71st Leg., ch. 1, Sec. 48(a), eff. Aug. 28, 1989.
Section: Previous 212.152 212.153 212.1535 212.154 212.155 212.156 212.157 212.158 212.171 212.172 212.173 212.174 212.901 212.902 212.903 NextLast modified: September 28, 2016