Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 7. RESOURCES PROGRAMS |
Chapter 162. VETERANS' HOUSING ASSISTANCE PROGRAM |
Subchapter C. BONDS |
Sec. 162.043. SECURITY FOR BID
Latest version.
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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.
Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1.