Tex. Prop. Code § 53.210

CLAIMS IN EXCESS OF BOND AMOUNT

Acts 1983, 68th Leg., p. 3553, ch. 576, Sec. 1, eff

If valid claims against the bond exceed the penal sum of the bond, each claimant is entitled to a pro rata share of the penal sum.

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