Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 10. GENERAL GOVERNMENT |
Subtitle F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT |
Chapter 2253. PUBLIC WORK PERFORMANCE AND PAYMENT BONDS |
Subchapter B. GENERAL REQUIREMENTS; LIABILITY |
Sec. 2253.023. ATTEMPTED COMPLIANCE
Latest version.
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(a) A bond furnished by a prime contractor in an attempt to comply with this chapter shall be construed to comply with this chapter regarding the rights created, limitations on those rights, and remedies provided.
(b) A provision in a bond furnished by a prime contractor in an attempt to comply with this chapter that expands or restricts a right or liability under this chapter shall be disregarded, and this chapter shall apply to that bond.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.