{"data":{"id":"us-tx/tex.-occupations-code-1801.055","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1801.055","heading":"SUIT ON BOND.","body":"(a) A person damaged by a breach of a condition of the bond may bring suit and recover under the bond.\n(b) The suit shall be filed in the county in which the bond is filed.\n(c) A bond is not void on first recovery and may be sued on until the total amount is exhausted.\n(d) If the amount of the bond is reduced to $1,500 or less, the commission merchant shall file a new bond in an amount equal to $3,000. The new bond is liable for all future contracts entered into by the commission merchant and a consignor.\n(e) A commission merchant who does not file a new bond under Subsection (d) may not do business in this state.\nActs 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.","path":["OCCUPATIONS CODE","TITLE 11. REGULATION OF SALES AND SOLICITATION","CHAPTER 1801. COMMISSION MERCHANTS","SUBCHAPTER B. BOND"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1801.htm#1801.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"d5c6266b12e9eafaf24cc18a72981fbb66900cd94df4037ee8ed86d20462699b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1801.054","next":"us-tx/tex.-occupations-code-1801.101"},"notice":"GroundRules: Original legal text. Not legal advice."}