Texas § IN.886.108 - SURETY BOND
Full text of Texas The Texas Constitution § IN.886.108 — SURETY BOND, with citation guidance and answers to common questions.
§ IN.886.108. SURETY BOND
SURETY BOND. (a) A local mutual aid association's officer responsible for the funds of the association shall file with the department a surety bond. (b) The surety bond must be: (1) executed by a surety company authorized to do business in this state; (2) satisfactory to the department; and (3) payable in an amount and conditioned as specified by Section 887.054 . (c) This section does not apply to a local mutual aid association that: (1) has a total membership of 1,000 or fewer members; (2) charges $1 or less each for annual dues or assessments; and (3) charges $2.50 or less for a membership fee. (d) An association exempted under Subsection (c) shall file with the department a bond in the amount of $1,000 and conditioned as provided by Section 887.054 . Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.886.108
What does The Texas Constitution § IN.886.108 cover?
Section IN.886.108 ("SURETY BOND") 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 § IN.886.108?
A common citation format is "The Texas Constitution § IN.886.108" (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 § IN.886.108 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.