Sec. 601.123. DEPOSIT OF CASH OR CASHIER'S CHECK WITH COUNTY JUDGE. (a) A person may establish financial responsibility by making a deposit with the county judge of the county in which the motor vehicle is registered.
(b) The deposit must be made in cash or a cashier's check in the amount of at least $55,000.
(c) On receipt of the deposit, the county judge shall issue to the person making the deposit a certificate stating that a deposit complying with this section has been made. The certificate must be acknowledged by the sheriff of that county and filed with the department.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 7 - Vehicles and Traffic
Subtitle D - Motor Vehicle Safety Responsibility
Chapter 601 - Motor Vehicle Safety Responsibility Act
Subchapter E. Alternative Methods of Establishing Financial Responsibility
Section 601.122. Deposit of Cash or Securities With Comptroller
Section 601.123. Deposit of Cash or Cashier's Check With County Judge