Sec. 2253.023. ATTEMPTED COMPLIANCE. (a) A bond furnished by a prime contractor in an attempt to comply with this chapter shall be construed to comply with this chapter regarding the rights created, limitations on those rights, and remedies provided.
(b) A provision in a bond furnished by a prime contractor in an attempt to comply with this chapter that expands or restricts a right or liability under this chapter shall be disregarded, and this chapter shall apply to that bond.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2253 - Public Work Performance and Payment Bonds
Subchapter B. General Requirements; Liability
Section 2253.021. Performance and Payment Bonds Required
Section 2253.022. Performance and Payment Bonds; Insured Loss
Section 2253.023. Attempted Compliance
Section 2253.024. Information From Contractor or Subcontractor
Section 2253.025. Information From Payment Bond Beneficiary