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Texas Agriculture Code - AGRIC § 147.028. Suit on Bond

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Any person damaged by breach of a condition of a bond may bring suit and recover under the bond.  The suit shall be brought in the county in which the bond is filed.

(b) A bond is not void on first recovery and may be sued on until the total amount is exhausted.  If a bond is reduced by one-half, the commission merchant shall file a new bond, conditioned as provided by this subchapter for the original bond, in an amount necessary to restore the bond to the amount required by Section 147.023 of this code.

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Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 147.028. Suit on Bond - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-147-028/

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