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Texas Alcoholic Beverage Code

§ 61.13 — CONDUCT SURETY BOND

AL § 61.13Title 3. LICENSES AND PERMITS · Part B. LICENSES · Ch. 61. PROVISIONS GENERALLY APPLICABLE TO LICENSES · Art. A. GENERAL PROVISIONS

Statute text

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(a)Except as provided in Subsection (e) of this section, an applicant for a license or a holder of a license issued under Chapter 69 of this code shall file with the commission a surety bond in the amount of $5,000 or $10,000 if the applicant for a license or holder of a license has a business located within 1,000 feet of the property line of a public school, conditioned on the applicant's or holder's conformance with alcoholic beverage law.
(b)A surety bond required under this section shall contain the following statements on the face of the bond:
(1)that the holder of the license will not violate a law of the state relating to alcoholic beverages or a rule of the commission; and
(2)that the holder of the license agrees that the amount of the bond shall be paid to the state if the license is revoked or on final adjudication that the holder violated a provision of this code, regardless of whether the actions of an employee of a holder are not attributable to the holder under Section 106.14.
(c)The commission shall adopt rules relating to the:
(1)form of a surety bond;

Legislative history

Added by Acts 1993, 73rd Leg., ch. 934, Sec. 48, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 607, Sec. 2, 3, eff. Sept. 1, 1995.

Source: Texas Alcoholic Beverage Code § 61.13 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.