Texas § OC.1801.055 - SUIT ON BOND

Full text of Texas The Texas Constitution § OC.1801.055 — SUIT ON BOND, with citation guidance and answers to common questions.

§ OC.1801.055. SUIT ON BOND

SUIT ON BOND. (a) A person damaged by a breach of a condition of the bond may bring suit and recover under the bond. (b) The suit shall be filed in the county in which the bond is filed. (c) A bond is not void on first recovery and may be sued on until the total amount is exhausted. (d) If the amount of the bond is reduced to $1,500 or less, the commission merchant shall file a new bond in an amount equal to $3,000. The new bond is liable for all future contracts entered into by the commission merchant and a consignor. (e) A commission merchant who does not file a new bond under Subsection (d) may not do business in this state. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. SUBCHAPTER C. COMMISSION MERCHANT DUTIES

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Frequently Asked Questions About Texas § OC.1801.055

What does The Texas Constitution § OC.1801.055 cover?

Section OC.1801.055 ("SUIT ON 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 § OC.1801.055?

A common citation format is "The Texas Constitution § OC.1801.055" (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.1801.055 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.