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Texas Finance Code

§ 393.406 — TERM OF SURETY BOND OR ACCOUNT

FI § 393.406Title 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES · Ch. 393. CREDIT SERVICES ORGANIZATIONS · Art. E. SURETY BOND; SURETY ACCOUNT

Statute text

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The surety bond or account of a credit services organization must be maintained until the second anniversary of the date on which the organization ceases operations.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.