Tex. Agriculture Code § 147.024: MORE THAN ONE PERSON UNDER SINGLE BOND.
Where this section sits in the code
- AGRICULTURE CODE
- TITLE 6. PRODUCTION, PROCESSING, AND SALE OF ANIMAL PRODUCTS
- SUBTITLE B. LIVESTOCK
- CHAPTER 147. LIVESTOCK COMMISSION MERCHANTS
- SUBCHAPTER B. BOND
(a) If two or more commission merchants are employees or agents solely for one person, they may be covered by a single bond in an amount determined under Section 147.023 of this code on the basis of combined purchases and sales.
(b) Two or more commission merchants not subject to Subsection (a) of this section may be covered under a single bond in an amount not less than the aggregate amount of individual bonds required under Section 147.023 of this code.
Acts 1981, 67th Leg., p. 1380, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Collected 2026-08-27T01:46:50Z. Source file · JSON