Tex. Ins. Code § 3503.003 · Subchapter A. CERTAIN REQUIRED OR PERMITTED OBLIGATIONS
DESIGNATION OF AGENT BY CORPORATE SURETY REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Notwithstanding Section 3503.002, in specifications by a municipality for work or supplies for which sealed bids are required, the municipality may require that a corporate surety tender designate, in a manner satisfactory to the municipality, an agent:
(1) who is a resident of the county in which the municipality is located; and
(2) to whom any required notices may be delivered and on whom process may be served in matters arising out of the suretyship.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.3503.htm
- Text hash
- sha256 21d53506e439c6cdd2876ac0ea01fb6f67158550147d4bb7d44605f45e7df046
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.