Untitled Texas Attorney General Opinion

QBfficeof tfp !Zlttornep @eneral iMate of Qexae DAN MORALES September 21,1992 ATTORNEY GENERAL Mr. Skip Meno Opinion No. DM-165 Commissioner Texas Education Agency Re: Whether a school district can require 1701 North Congress Avenue a corporate surety to be sufficiently solvent Austin, Texas 78701-1494 to issue bid, performance, or payment bonds without reinsurance, and related questions (RQ-98) Dear Commissioner Meno: You ask whether school districts in this state may require corporate sureties on bid bonds, payment bonds, and performance bonds to be sufficiently solvent under the Texas…