Tex. Water Code § 60.036
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Each bid submitted shall be accompanied by a certified check, cashier's check, or bidder's bond with a responsible corporate surety authorized to do business in Texas. The check or bond shall be in an amount equal to the first rental payment and bonus offered for the lease over and above the royalty and shall guarantee that the bidder will perform the terms of his bid if it is accepted by the commission.
Tex. Water Code § 60.036