Texas § 601.163 FORM OF SECURITY.

Texas Statutes

§ 601.163 — FORM OF SECURITY.

Texas § 601.163

Code TNTransportation Code

This text of Texas § 601.163 (FORM OF SECURITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 601.163 (2026).

Text

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 writing the person on whose behalf the deposit is made. A single deposit of security is applicable only on behalf of persons required to provide security because of the same collision and the same motor vehicle.

(c)The person depositing the security may amend in writing the specification of the person on whose behalf the deposit is made to include an additional person. This amendment may be made at any time the deposit is in the custody of the department or the comptroller.

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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 writing the person on whose behalf the deposit is made. A single deposit of security is applicable only on behalf of persons required to provide security because of the same collision and the same motor vehicle.
(c) The person depositing the security may amend in writing the specification of the person on whose behalf the deposit is made to include an additional person. This amendment may be made at any time the deposit is in the custody of the department or the comptroller.

Legislative History

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 18.10, eff. Sept. 1, 1997. Amended by: Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190 ), Sec. 80, eff. September 1, 2023.