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Tex. Gov't Code § 653.002

LEGISLATIVE INTENT

Known as the State Employee Bonding Act

The act spans §§ 653–653 (12 sections).

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

The intent of the legislature in enacting this chapter is to limit the purchase of surety bonds by state agencies in order that the state, to the greatest extent practicable, shall self-insure for such purposes. This chapter does not affect the purchase by a state agency of any form of insurance other than a surety bond.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.