Skip to main content
Find a Lawyer

Texas Property Code - PROP § 53.237. Bond Requirements

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

The bond must be:

(1) in an amount double the amount of the claims filed;

(2) payable to the claimants;

(3) executed by:

(A) the party filing the bond as principal;  and

(B) a corporate surety authorized, admitted to do business, and licensed by the law of this state to execute the bond as surety;  and

(4) conditioned that:

(A) the principal and surety will pay to the obligees named or to their assignees the amount of the claims or the portions of the claims proved to be liens under this subchapter;  and

(B) the principal and surety will pay all court costs adjudged against the principal in actions brought by a claimant on the bond.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Texas Property Code - PROP § 53.237. Bond Requirements - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-53-237/

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.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard