Texas Statutes

§ 702.153 — REQUIREMENTS FOR SECURITY OTHER THAN SURETY BOND.

Texas § 702.153
JurisdictionTexas
Code OCOccupations Code

This text of Texas § 702.153 (REQUIREMENTS FOR SECURITY OTHER THAN 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. § 702.153 (2026).

Text

Sec. 702.153. REQUIREMENTS FOR SECURITY OTHER THAN SURETY BOND. An applicant who posts under Section 702.151 security other than a surety bond is:

(1)not required to post other security annually if the applicant maintains security in the amount of $20,000; and
(2)entitled to receive the interest that accumulates on the other security posted.

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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 § 702.153, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/OC/702.153.