Sec. 116.081. NEW BOND. (a) The commissioners court may by written order require a depository to execute a new bond whenever the commissioners court considers it advisable or considers it necessary for the protection of the county.
(b) Except for an additional bond required under Section 116.087, if a depository fails for any reason to file the required new bond within five days after the date the depository is served with a copy of the order, the commissioners court may select a new depository in the same manner as it would select a depository at the regular time.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Chapter 116 - Depositories for County Public Funds
Subchapter D. Maintenance and Modification of Security
Section 116.082. Substitution of Securities
Section 116.083. Release of Excess Security
Section 116.084. Inadequate Security
Section 116.085. Solvency of Personal Surety
Section 116.086. Solvency of Surety Company and Adequacy of Securities
Section 116.087. Additional Bond