Texas Statutes

§ 2052.109 — SURETY BOND.

Texas § 2052.109
JurisdictionTexas
Code OCOccupations Code

This text of Texas § 2052.109 (SURETY BOND.) 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. Occupations Code Code Ann. § 2052.109 (2026).

Text

Sec. 2052.109. SURETY BOND.

(a)A surety bond required under this subchapter must:
(1)be issued by a company authorized to conduct business in this state;
(2)comply with the applicable requirements of the Insurance Code;
(3)be payable to the state for use by the state or a political subdivision that establishes that the boxing or wrestling promoter is liable to it for damages, penalties, taxes, or other expenses resulting from promotional activities conducted in this state; and
(4)be open to more than one claim, except that the claims may not exceed the face value of the bond.
(b)A person required to file a surety bond under this subchapter shall file a new bond annually.
(c)A company that issues a bond shall notify the department in writing of the cancellation of the bond not later

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Legislative History

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Nearby Sections

15
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Bluebook (online)
Texas § 2052.109, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/OC/2052.109.