Tex. Occ. Code § 1801.052 · Subchapter B. BOND
BOND TERMS AND CONDITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A bond filed under this subchapter must:
(1) be in the amount of $3,000;
(2) be conditioned on the commission merchant performing duties required by Subchapter C, except Sections 1801.103(a), (c), and (d); and
(3) be payable to the county judge of each county in which the commission merchant maintains an office as trustee for any person who may be entitled to recover under the bond.
(b) The bond must be made with:
(1) a solvent surety company doing business in this state; or
(2) two or more good and sufficient sureties, each of whom:
(A) is a resident of this state; and
(B) makes an affidavit stating that the surety has assets, not subject to exemption, that are at least equal to the amount of the bond.
Notes and commentary — not statutory text
History
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1801.htm
- Text hash
- sha256 8fdd6b8b7b3d47443cae601b63b577692cfad6f375a1ebaa155edae05f1adead
- 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.
Cited by 1 provision
Provisions in this library whose text cites Tex. Occ. Code § 1801.052. Each shows the citation as that text prints it.
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.