{"data":{"id":"us-tx/tex.-agriculture-code-52.104","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 52.104","heading":"BOND.","body":"(a) Each officer, employee, or agent who handles money or property of a marketing association or any money or property that is under the control or in possession of a marketing association shall execute and deliver to the association an indemnity bond that indemnifies the association and its members against any fraudulent, dishonest, or unlawful act by the bonded person and other acts as provided by the association's bylaws.\n(b) If the officers and directors of a marketing association fail to require a person to execute a bond as required by Subsection (a) of this section, each officer and director is personally liable for all losses that would have been recovered under the bond if the person had been bonded.\nActs 1981, 67th Leg., p. 1112, ch. 388, Sec. 1, eff. Sept. 1, 1981.","path":["AGRICULTURE CODE","TITLE 4. AGRICULTURAL ORGANIZATIONS","CHAPTER 52. COOPERATIVE MARKETING ASSOCIATIONS","SUBCHAPTER G. ADMINISTRATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/AG/htm/AG.52.htm#52.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"bf9d7d75266cd99977d402eb36b7ad8f04ac466672e342a16cd1c94fa060026c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-52.103","next":"us-tx/tex.-agriculture-code-52.105"},"notice":"GroundRules: Original legal text. Not legal advice."}