Transportation Code § 366.117
A qualifying bank or trust company may provide indemnifying bonds or pledge securities when required by an authority, and authority bonds may secure state or local public money deposits up to the lesser of face value or market value.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
depository arrangements security for public funds
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Transportation Code § 366.117
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