Water Code › Title 2 › Chapter 17 › Subchapter B

Texas Water Code § 17.021

Security for Bids

Public Funding · Water Development Bonds

The board shall require every bidder, except administrators of state funds, to include with the bid an exchange or cashier's check for a sum the board considers adequate as a forfeit guaranteeing acceptance of and payment for all bonds covered by the bids and accepted by the board.

Official text of the Texas Water Code as published by the Texas Legislative Council.

Official source
Legislative history

Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.