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Texas Agriculture Code

§ 14A.004 — BOND

AG § 14A.004Title 2. DEPARTMENT OF AGRICULTURE · Ch. 14A. OTHER PUBLIC WAREHOUSE OPERATORS

Statute text

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(a)A person receiving a certificate to transact business shall file a bond with the county clerk granting the certificate.
(b)The bond must be:
(1)payable to the State of Texas;
(2)of good and sufficient surety;
(3)conditioned on faithful performance of the applicant's duty as a public warehouse operator; and
(4)in the amount of $5,000.

Legislative history

Renumbered from Sec. 14.206 and amended by Acts 2001, 77th Leg., ch. 1124, Sec. 1, eff. Sept. 1, 2001.