Texas Code § 283.204

DEPOSITORY FOR PROCEEDS AND REVENUES
Open in Lexace · Ask the AI about this section
Sec. 283.204. DEPOSITORY FOR PROCEEDS AND REVENUES. 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.

‹ Prev All Texas sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.