DEVELOPER REQUIRED TO PROVIDE SURETY.
Tex. LOC. GOV'T Code § 212.901.
in effect(a) To ensure that it will not incur liabilities, a municipality may require, before it gives approval of the plans for a development, that the owner of the development provide sufficient surety to guarantee that claims against the development will be satisfied if a default occurs.
(b) This section does not preclude a claimant from seeking recovery by other means.
Added by Acts 1989, 71st Leg., ch. 1, Sec. 48(a), eff. Aug. 28, 1989.
