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Tex. Occ. Code § 702.154

BENEFICIARY OF SECURITY

Known as the Health Spa Act

The act spans §§ 702–702 (65 sections).

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff

The security filed or posted by a certificate holder under this subchapter must be payable to the state and held for the benefit of:

(1) the state; and

(2) each member of the certificate holder's health spa who has been administratively adjudicated to have suffered actual financial loss as a result of the closing of the certificate holder's health spa.

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