Texas Statutes
§ 393.405 — CLAIM AGAINST SURETY BOND OR ACCOUNT.
Texas § 393.405
JurisdictionTexas
Code FIFinance Code
This text of Texas § 393.405 (CLAIM AGAINST SURETY BOND OR 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. § 393.405 (2026).
Text
Sec. 393.405. CLAIM AGAINST SURETY BOND OR ACCOUNT.
(a)A person making a claim against a surety bond or account of a credit services organization for a violation of this chapter may file suit against:
(1)the organization; and
(2)the surety or trustee.
(b)A surety or trustee is liable only for actual damages, reasonable attorney's fees, and court costs awarded under Section 393.503 (a).
(c)The aggregate liability of a surety or trustee for an organization's violation of this chapter may not exceed the amount of the surety bond or account.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 393.001
DEFINITIONS.§ 393.002
PERSONS NOT COVERED.§ 393.003
WAIVER VOID.§ 393.101
REGISTRATION STATEMENT.§ 393.102
UPDATE OF REGISTRATION STATEMENT.§ 393.104
FILING FEE.§ 393.105
DISCLOSURE STATEMENT.§ 393.106
COPY OF DISCLOSURE STATEMENT.§ 393.201
FORM AND TERMS OF CONTRACT.§ 393.202
NOTICE OF CANCELLATION.§ 393.204
BREACH OF CONTRACT.§ 393.221
DEFINITIONS.§ 393.222
POSTING OF FEE SCHEDULE; NOTICES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 393.405, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/393.405.