(a) Only an insurance company authorized to act as surety in this state may write a bond under this chapter.
(b) A bond under this chapter must be written in triplicate originals on a form approved by the State Board of Insurance.
WRITING OF BONDS
Known as the State Employee Bonding Act
The act spans §§ 653–653 (12 sections).
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff
(a) Only an insurance company authorized to act as surety in this state may write a bond under this chapter.
(b) A bond under this chapter must be written in triplicate originals on a form approved by the State Board of Insurance.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.