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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A person commits an offense if the person:
(1) advertises or solicits business, or engages in business, as a livestock commission merchant without filing a bond in accordance with this chapter; or
(2) as a livestock commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.
(b) A person commits an offense if the person:
(1) advertises or solicits business, or engages in business, as a livestock auction commission merchant without filing a bond in accordance with this chapter; or
(2) as a livestock auction commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.
(c) An offense under Subsection (a) is a felony punishable by:
(1) a fine of not less than $500 nor more than $5,000;
(2) imprisonment in the Texas Department of Criminal Justice for not less than one nor more than two years; or
(3) both fine and imprisonment under this subsection.
(d) An offense under Subsection (b) of this section is a misdemeanor punishable by:
(1) a fine of not less than $25 nor more than $1,000;
(2) confinement in county jail for not more than 30 days; or
(3) both fine and confinement under this subsection.
Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 147.061. Failure to File or Maintain Bond - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-147-061/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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