Local Government Code § 116.088
A surety company may be released from a county depository bond after 30 days’ written notice to the commissioners court, but it remains liable for losses before the bond expires. If release is requested, the depository must provide and file replacement security before the surety’s obligations end.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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bond release liability security
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Local Government Code § 116.088
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