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Tex. Finance Code § 371.154

INSURANCE AND BOND

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 371.154, INSURANCE AND BOND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647883
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(a) A pawnbroker shall maintain general liability and fire insurance: (1) in a reasonable amount and form required by the commissioner; and (2) sufficient to protect pledged goods, including jewelry, at the pawnshop. (b) A pawnbroker shall secure a bond: (1) in the amount, not to exceed $5,000, required by the commissioner; (2) in the form required by the commissioner; and (3) conditioned on compliance with this chapter and rules adopted under this chapter.