Texas § GV.2156.004 - BID DEPOSIT
Full text of Texas The Texas Constitution § GV.2156.004 — BID DEPOSIT, with citation guidance and answers to common questions.
§ GV.2156.004. BID DEPOSIT
BID DEPOSIT. (a) The comptroller, as considered necessary, may require a bid deposit in an amount determined by the comptroller. The amount of the deposit, if any, must be stated in the public notice and the invitation to bid. (b) On the award of a bid or the rejection of all bids, the comptroller shall refund the bid deposit of an unsuccessful bidder. (c) The comptroller may accept from a bidder a bid deposit in the form of a blanket bond. Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 785, Sec. 35, eff. Sept. 1, 2003. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1071 (H.B. 1524 ), Sec. 60, eff. September 1, 2019.
Frequently Asked Questions About Texas § GV.2156.004
What does The Texas Constitution § GV.2156.004 cover?
Section GV.2156.004 ("BID DEPOSIT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.2156.004?
A common citation format is "The Texas Constitution § GV.2156.004" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.2156.004 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.