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Tex. Occupations Code § 1704.212

EFFECT OF DEFAULT BY CORPORATION; NOTICE REQUIRED

Texas · Texas Occupations Code · Status: effective

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Tex. Occupations Code § 1704.212, EFFECT OF DEFAULT BY CORPORATION; NOTICE REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/703244
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(a) A corporation may not act as a bail bond surety in a county in which the corporation is in default on five or more bail bonds. (b) If a corporation defaults on a bail bond, the clerk of the court in which the corporation executed the bond shall deliver a written notice of the default to: (1) the sheriff; (2) the chief of police; or (3) another appropriate peace officer. (c) For purposes of this section: (1) a corporation is considered in default on a bail bond beginning on the 11th day after the date the trial court enters a final judgment on the scire facias and ending on the date the judgment is satisfied, set aside, or superseded; and (2) a corporation is not considered in default on a bail bond if, pending appeal, the corporation deposits cash or a supersedeas bond in the amount of the final judgment with the court in which the bond is executed. (d) A deposit made under Subsection (c)(2) shall be applied to the payment of a final judgment in the case.