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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A person receiving a certificate to transact business shall file a bond with the county clerk granting the certificate.
(b) The bond must be:
(1) payable to the State of Texas;
(2) of good and sufficient surety;
(3) conditioned on faithful performance of the applicant's duty as a public warehouse operator; and
(4) in the amount of $5,000.
(c) A bond is subject to approval by the county clerk and the clerk shall file approved bonds in the clerk's office.
Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 14A.004. Bond - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-14a-004/
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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