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Tex. Ins. Code § 3503.003

DESIGNATION OF AGENT BY CORPORATE SURETY REQUIRED

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff

Notwithstanding Section 3503.002, in specifications by a municipality for work or supplies for which sealed bids are required, the municipality may require that a corporate surety tender designate, in a manner satisfactory to the municipality, an agent:

(1) who is a resident of the county in which the municipality is located; and

(2) to whom any required notices may be delivered and on whom process may be served in matters arising out of the suretyship.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.