Tex. Government Code § 2310.411: 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 2310. DEFENSE ECONOMIC READJUSTMENT ZONE
- SUBCHAPTER F. READJUSTMENT 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 a readjustment zone; and
(2) the amount of the contract does not exceed $200,000.
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997.
Collected 2026-08-27T01:47:16Z. Source file · JSON