Texas Transportation Code

§ 601.164 — REDUCTION IN SECURITY

TN § 601.164Title 7. VEHICLES AND TRAFFIC · Part D. MOTOR VEHICLE SAFETY RESPONSIBILITY · Ch. 601. MOTOR VEHICLE SAFETY RESPONSIBILITY ACT · Art. F. SECURITY FOLLOWING COLLISION

Statute text

View on source

(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 the reduced amount shall be returned promptly to the depositor or the depositor's personal representative. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by:

Legislative history

Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190), Sec. 81, eff. September 1, 2023.