SECTION 28.11. Surety Bond

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The requester shall, prior to exercising any rights thereunder, execute an adequate surety bond in such amount as may be determined by the commission to compensate for the cost of maintenance and repairs as provided herein, approved by the state treasurer and the attorney general, with a corporate surety authorized to do business in this state, conditioned on the requester fulfilling the obligations of the contract.

Source Note: The provisions of this §28.11 adopted to be effective August 16, 2012, 37 TexReg 6093

                    
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