Texas Insurance Code
§ 84.051 — RELEASE OF BOND
IN § 84.051Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 84. ADMINISTRATIVE PENALTIES · Art. C. PROCEDURAL REQUIREMENTS
Statute text
View on source(a)If the person gave a supersedeas bond and if the administrative penalty is not upheld by the court, the court shall order, when the judgment becomes final, the release of the bond.
(b)If the person gave a supersedeas bond and if the amount of the penalty is reduced, the court shall order the release of the bond after the person pays the reduced amount.
Legislative history
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.