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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 393.404: BENEFICIARY OF SURETY BOND OR ACCOUNT.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES
  3. CHAPTER 393. CREDIT SERVICES ORGANIZATIONS
  4. SUBCHAPTER E. SURETY BOND; SURETY ACCOUNT

The surety bond or account of a credit services organization must be in favor of:

(1) this state for the benefit of a person damaged by a violation of this chapter; and

(2) a person damaged by a violation of this chapter.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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