Texas § FI.180.058 - RECOVERY FUND FEE OR SURETY BOND REQUIREMENT

Full text of Texas The Texas Constitution § FI.180.058 — RECOVERY FUND FEE OR SURETY BOND REQUIREMENT, with citation guidance and answers to common questions.

§ FI.180.058. RECOVERY FUND FEE OR SURETY BOND REQUIREMENT

RECOVERY FUND FEE OR SURETY BOND REQUIREMENT. (a) A regulatory official may not issue a residential mortgage loan originator license unless the official determines that the applicant meets the surety bond requirement or has paid a recovery fund fee, as applicable, in accordance with the requirements of the S.A.F.E. Mortgage Licensing Act. (b) Each regulatory official shall adopt rules requiring an individual licensed as a residential mortgage loan originator to obtain a surety bond or pay a recovery fund fee as the official determines appropriate to comply with the S.A.F.E. Mortgage Licensing Act. Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10 ), Sec. 1, eff. June 19, 2009.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.180.058

What does The Texas Constitution § FI.180.058 cover?

Section FI.180.058 ("RECOVERY FUND FEE OR SURETY BOND REQUIREMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.180.058?

A common citation format is "The Texas Constitution § FI.180.058" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.180.058 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.