Texas § OC.565.0551 - SURETY BOND

Full text of Texas The Texas Constitution § OC.565.0551 — SURETY BOND, with citation guidance and answers to common questions.

§ OC.565.0551. SURETY BOND

SURETY BOND. (a) The executive director of the board may require a license holder to submit a surety bond to the board in an amount as prescribed by board rule, not to exceed $25,000. (b) The board may use a pharmacy's surety bond to secure the payment of a fine, fee, or penalty imposed on the pharmacy or costs incurred by the board in conducting an investigation of the pharmacy only under Section 565.002 (a)(7) or (10) if the pharmacy fails to pay the fine, fee, penalty, or cost as prescribed by board rule. Added by Acts 2019, 86th Leg., R.S., Ch. 895 (H.B. 3496 ), Sec. 4, eff. January 1, 2020.

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Frequently Asked Questions About Texas § OC.565.0551

What does The Texas Constitution § OC.565.0551 cover?

Section OC.565.0551 ("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 § OC.565.0551?

A common citation format is "The Texas Constitution § OC.565.0551" (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.565.0551 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.