Texas § IN.3503.002 - EXECUTION OF OBLIGATION BY SURETY COMPANY
Full text of Texas The Texas Constitution § IN.3503.002 — EXECUTION OF OBLIGATION BY SURETY COMPANY, with citation guidance and answers to common questions.
§ IN.3503.002. EXECUTION OF OBLIGATION BY SURETY COMPANY
EXECUTION OF OBLIGATION BY SURETY COMPANY. (a) A surety company authorized to engage in business in this state may execute an obligation. (b) Except as provided by Section 3503.004 or 3503.005 , the execution of an obligation by a surety company under Subsection (a) is in full compliance with each law, charter, ordinance, or rule that requires: (1) the obligation to be executed by one or more sureties; or (2) the executing sureties to possess any qualification, including the requirement that a surety be a resident, householder, or freeholder. (c) Each municipality, board, body, organization, court, public officer, and head of department shall accept and treat an obligation executed by a surety company under Subsection (a) as fully complying with each law, charter, ordinance, or rule described by Subsection (b). Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 3, eff. April 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.3503.002
What does The Texas Constitution § IN.3503.002 cover?
Section IN.3503.002 ("EXECUTION OF OBLIGATION BY SURETY COMPANY") 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.3503.002?
A common citation format is "The Texas Constitution § IN.3503.002" (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.3503.002 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.