Texas Transportation Code § 623.383 Surety Bond

Sec. 623.383. SURETY BOND. The commission may require the City of Laredo to execute, at its own expense, a surety bond payable to the Texas Department of Transportation in an amount of not less than $500,000 for costs of maintenance for the roadways described by Section 623.382(a).

Added by Acts 2015, 84th Leg., R.S., Ch. 870 (H.B. 2861), Sec. 1, eff. September 1, 2015.

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Last modified: September 28, 2016