Texas Agriculture Code

§ 14.031 — BOND

AG § 14.031Title 2. DEPARTMENT OF AGRICULTURE · Ch. 14. REGULATION OF PUBLIC GRAIN WAREHOUSE OPERATORS · Art. D. BONDING

(a)In accordance with this section, each applicant for a license shall file or have on file a bond with the department.

(b)The bond must:

(1)be payable to the State of Texas;

(2)be executed by the applicant as principal;

(3)be issued by a corporate surety licensed to do business as surety in the State of Texas; and

(4)be in a form and contain terms and conditions prescribed by the department.

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Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 168 (S.B. 248), Sec. 2, eff. September 1, 2011.