Texas § 601.166 PAYMENT OF CASH SECURITY.

Texas Statutes

§ 601.166 — PAYMENT OF CASH SECURITY.

Texas § 601.166

Code TNTransportation Code

This text of Texas § 601.166 (PAYMENT OF CASH 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. § 601.166 (2026).

Text

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 arising out of the collision.

(b)For payment under Subsection (a), the action under which the judgment was rendered must have been instituted before the second anniversary of the later of:

(1)the date of the collision; or

(2)the date of the deposit, in the case of a deposit of security under Section 601.162 (b).

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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 arising out of the collision.
(b) For payment under Subsection (a), the action under which the judgment was rendered must have been instituted before the second anniversary of the later of:
(1) the date of the collision; or
(2) the date of the deposit, in the case of a deposit of security under Section 601.162 (b).

Legislative History

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by: Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190 ), Sec. 82, eff. September 1, 2023.