Tex. Nat. Res. Code § 162.043

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 162.043 - Security for Bid

The board may require bidders to accompany their bids with exchange or bank cashier's checks in an amount considered adequate by the board to be a forfeit guaranteeing the acceptance and payment for bonds covered by the bids and accepted by the board.

Tex. Nat. Res. Code § 162.043

Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1.