Texas Local Government Code 116.086 – Solvency of Surety Company and Adequacy of Securities
Current as of: 2024 | Check for updates
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Whenever the commissioners court considers it necessary for the protection of the county, the commissioners court may investigate the solvency of a surety company that issues a bond on behalf of a depository of county funds or investigate the value of securities pledged by a depository to secure county funds.