Texas § OC.1801.052 - BOND TERMS AND CONDITIONS
Full text of Texas The Texas Constitution § OC.1801.052 — BOND TERMS AND CONDITIONS, with citation guidance and answers to common questions.
§ OC.1801.052. BOND TERMS AND CONDITIONS
BOND TERMS AND CONDITIONS. (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. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § OC.1801.052
What does The Texas Constitution § OC.1801.052 cover?
Section OC.1801.052 ("BOND TERMS AND CONDITIONS") 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 § OC.1801.052?
A common citation format is "The Texas Constitution § OC.1801.052" (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 § OC.1801.052 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.