| SB 1162 | Expands the type of securities that may be used for certain subdivisions |
| Sponsor: | Jacob | |||
| LR Number: | 4163S.01P | Fiscal Note: | 4163-01 | |
| Committee: | Financial and Governmental Organization, Veterans' Affairs & Elections | |||
| Last Action: | 04/21/04 - HCS Voted Do Pass H Judiciary Committee-Consent | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2004 | |||
SB 1162 - This act allows flexibility in the type of
security that may be accepted in lieu of full completion of
required infrastructure improvements in subdivisions prior to the
plat being recorded by allowing securities beyond surety bonds
(e.g. cash bonds).
JEFF CRAVER