{"data":{"id":"us-tx/tex.-insurance-code-3503.052","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 3503.052","heading":"CONSTRUCTION OF SUBCHAPTER.","body":"(a) This subchapter shall be construed to encourage prompt payment of just claims made under construction payment bonds of surety companies. This subchapter does not foreclose any other remedy available to a claimant by law or contract.\n(b) This subchapter may not be construed to:\n(1) create a private cause of action;\n(2) be a precondition to judicially enforcing an obligation under a construction payment bond;\n(3) diminish any other obligation of a surety company that exists by law; or\n(4) prohibit a surety company from asserting a defense against a construction payment bond claim in a proceeding to enforce a claim.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 12. OTHER COVERAGE","CHAPTER 3503. SURETY BONDS AND RELATED INSTRUMENTS","SUBCHAPTER B. PROMPT PAYMENT OF CONSTRUCTION PAYMENT BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.3503.htm#3503.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1d656eebfddd6c464b1482c85ba1aad69b81c71d092d1cc2b0c78e643f43e10c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-3503.051","next":"us-tx/tex.-insurance-code-3503.053"},"notice":"GroundRules: Original legal text. Not legal advice."}
