Texas § TN.646.003 - BOND REQUIRED
Full text of Texas The Texas Constitution § TN.646.003 — BOND REQUIRED, with citation guidance and answers to common questions.
§ TN.646.003. BOND REQUIRED
BOND REQUIRED. (a) A person may not act as a motor transportation broker unless the person provides a bond to the department. (b) The bond must be in an amount of at least $10,000 and must be: (1) executed by a bonding company authorized to do business in this state; (2) payable to this state or a person to whom the motor transportation broker provides services; and (3) conditioned on the performance of the contract for transportation services between the broker and the person for whom services are provided. (c) The department may charge the broker a bond review fee in an amount not to exceed the cost of reviewing the bond. The department shall deposit a fee collected under this subsection to the credit of the Texas Department of Motor Vehicles fund. (d) The department may adopt rules regarding the method of payment of a fee under this chapter. The rules may: (1) authorize the use of electronic funds transfer or a credit card issued by a financial institution chartered by a state or the United States or by a nationally recognized credit organization approved by the department; and (2) require the payment of a discount or service charge for a credit card payment in addition to the fee. Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.153(a), eff. Sept. 1, 1997. Amended by: Acts 2009, 81st Leg., R.S., Ch. 933 (H.B. 3097 ), Sec. 2N.01, eff. September 1, 2009. Acts 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202 ), Sec. 65, eff. September 1, 2013.
Frequently Asked Questions About Texas § TN.646.003
What does The Texas Constitution § TN.646.003 cover?
Section TN.646.003 ("BOND REQUIRED") 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 § TN.646.003?
A common citation format is "The Texas Constitution § TN.646.003" (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 § TN.646.003 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.