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Tex. Occupations Code § 702.153

REQUIREMENTS FOR SECURITY OTHER THAN SURETY BOND

Texas · Texas Occupations Code · Status: effective

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Tex. Occupations Code § 702.153, REQUIREMENTS FOR SECURITY OTHER THAN SURETY BOND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/700866
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An applicant who posts under Section 702.151 security other than a surety bond is: (1) not required to post other security annually if the applicant maintains security in the amount of $20,000; and (2) entitled to receive the interest that accumulates on the other security posted.