Texas Statutes

§ 393.402 — SURETY ACCOUNT.

Texas § 393.402
JurisdictionTexas
Code FIFinance Code

This text of Texas § 393.402 (SURETY ACCOUNT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Finance Code Code Ann. § 393.402 (2026).

Text

Sec. 393.402. SURETY ACCOUNT.

(a)The surety account of a credit services organization must be held in trust at a federally insured bank or savings association located in this state.
(b)The name of the depository and the trustee and the account number of the surety account must be filed with the secretary of state.

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Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.037, eff. Sept. 1, 1999.

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Bluebook (online)
Texas § 393.402, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/393.402.