Tex. Government Code § 2303.514: WAIVER OF PERFORMANCE BOND.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 10. GENERAL GOVERNMENT
- SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS
- CHAPTER 2303. ENTERPRISE ZONES
- SUBCHAPTER G. ENTERPRISE ZONE BENEFITS
A subcontractor is not required to execute a performance bond under Chapter 2253 if:
(1) the construction, alteration, repair, or other public work to be performed under the contract is entirely in an enterprise zone; and
(2) the amount of the contract does not exceed $200,000.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 985, Sec. 9, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:16Z. Source file · JSON