Notwithstanding Section 60.041, Water Code, the commission may determine the amount of the check or bond a bidder must submit with a bid to purchase land from the district to guarantee that the bidder will perform the terms of the purchase bid if it is accepted by the commission.
Tex. Spec. Dist. Local Laws Code § 5001.102
SECURITY FOR BIDS ON LAND TO BE SOLD
Added by Acts 2011, 82nd Leg., R.S., Ch. 549 (H.B. 2792), Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.