Texas Special District Local Laws Code § 5001.102 Security For Bids On Land To Be Sold

Sec. 5001.102. SECURITY FOR BIDS ON LAND TO BE SOLD. Notwithstanding Section 60.041, Water Code, the commission may determine the amount of the check or bond a bidder must submit with a bid to purchase land from the district to guarantee that the bidder will perform the terms of the purchase bid if it is accepted by the commission.

Added by Acts 2011, 82nd Leg., R.S., Ch. 549 (H.B. 2792), Sec. 1, eff. June 17, 2011.

Section: Previous  5001.021  5001.022  5001.023  5001.024  5001.025  5001.026  5001.051  5001.052  5001.053  5001.054  5001.055  5001.056  5001.057  5001.058  5001.101

Last modified: September 28, 2016