{"data":{"id":"us-tx/tex.-transportation-code-646.003","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 646.003","heading":"BOND REQUIRED.","body":"(a) A person may not act as a motor transportation broker unless the person provides a bond to the department.\n(b) The bond must be in an amount of at least $10,000 and must be:\n(1) executed by a bonding company authorized to do business in this state;\n(2) payable to this state or a person to whom the motor transportation broker provides services; and\n(3) conditioned on the performance of the contract for transportation services between the broker and the person for whom services are provided.\n(c) The department may charge the broker a bond review fee in an amount not to exceed the cost of reviewing the bond. The department shall deposit a fee collected under this subsection to the credit of the Texas Department of Motor Vehicles fund.\n(d) The department may adopt rules regarding the method of payment of a fee under this chapter. The rules may:\n(1) authorize the use of electronic funds transfer or a credit card issued by a financial institution chartered by a state or the United States or by a nationally recognized credit organization approved by the department; and\n(2) require the payment of a discount or service charge for a credit card payment in addition to the fee.\nAdded by Acts 1997, 75th Leg., ch. 165, Sec. 30.153(a), eff. Sept. 1, 1997.\nAmended by:\nActs 2009, 81st Leg., R.S., Ch. 933 (H.B. 3097), Sec. 2N.01, eff. September 1, 2009.\nActs 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202), Sec. 65, eff. September 1, 2013.","path":["TRANSPORTATION CODE","TITLE 7. VEHICLES AND TRAFFIC","SUBTITLE F. COMMERCIAL MOTOR VEHICLES","CHAPTER 646. MOTOR TRANSPORTATION BROKERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.646.htm#646.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"0a69443513430296d581d740eb00ee117542d68ab443a6dd737f53ce66d42ab9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-646.002","next":"us-tx/tex.-transportation-code-646.004"},"notice":"GroundRules: Original legal text. Not legal advice."}
