Tex. Health & Safety Code § 246.095 · Subchapter E. SUPERVISION, REHABILITATION, AND LIQUIDATION
BOND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A court may refuse to make or may vacate an order to rehabilitate under this subchapter if the provider posts a bond that is:
(1) in an amount determined by the court to be equal to the reserve funding needed to fulfill the provider's obligations under its continuing care contracts at the facility;
(2) issued by a recognized surety authorized to do business in this state; and
(3) executed in favor of the state on behalf of all persons entitled to refunds of entrance fees from the provider or other damages if the provider is unable to fulfill its continuing care contracts at the facility.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.246.htm
- Text hash
- sha256 2adfdfda6b094fcc4cca6b4389e1ba2c4912991b584a62a07ac83f627707b70b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.