15.209 – CONTRACTS, AGREEMENTS, AND OTHER DOCUMENTS. (a)
Texas Water Code § 15.209
Summary
This section outlines the process for the board to enter into contracts for bond insurance after approving an application. It specifies that the contracts must adhere to established rules and include detailed terms regarding coverage and rights.
Board approves applications for bond insurance contracts.
Contracts must comply with specific rules and conditions.
Insurance contracts detail coverage extent and additional rights.
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In simple terms: Learn about Texas's CONTRACTS, AGREEMENTS, AND OTHER DOCUMENTS. (a) law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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