187 chapters · 5,642 sections in this title.
Tex. Transportation Code § 601.163 Form of Security
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Sec. 601.163. FORM OF SECURITY. (a) The security required under this subchapter shall be made: (1) by cash deposit; (2) through a bond that complies with Section 601.168; or (3) in another form as required by the department. (b) A person depositing security shall specify in writi…
Tex. Transportation Code § 601.164 Reduction In Security
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Sec. 601.164. REDUCTION IN SECURITY. (a) The department may reduce the amount of security ordered in a case within six months after the date of the collision if, in the department's judgment, the amount is excessive. (b) The amount of security originally deposited that exceeds th…
Tex. Transportation Code § 601.165 Custody of Cash Security
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Sec. 601.165. CUSTODY OF CASH SECURITY. The department shall place cash deposited in compliance with this subchapter in the custody of the comptroller. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 18.11, eff. Sept. 1, …
Tex. Transportation Code § 601.166 Payment of Cash Security
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Sec. 601.166. PAYMENT OF CASH SECURITY. (a) Cash security may be applied only to the payment of: (1) a judgment rendered against the person on whose behalf the deposit is made for damages arising out of the collision; or (2) a settlement, agreed to by the depositor, of a claim ar…