DEPOSITORY FOR PROCEEDS AND REVENUES.

Tex. TRANSP Code § 283.204.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A bank or trust company in this state may: (1) act as a depository of bond proceeds or revenues received from the operation of a project; and (2) provide an indemnity bond or pledge securities required by the county.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements