Sec. 11.71. SURETY MAY TERMINATE LIABILITY. A surety under the bond of a permittee may terminate its liability by giving 30 days' written notice of termination, served personally or by registered mail on the principal and the commission. The surety is discharged from all liability under the bond for any act or omission of the principal occurring after the expiration of 30 days from the date the notice is served. If the principal fails to duly file a new bond in the same amount and with the same conditions as the original bond before the expiration of the 30-day period, his permit shall terminate when the 30-day period expires.
Acts 1977, 65th Leg., p. 414, ch. 194, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Title 3 - Licenses and Permits
Chapter 11 - Provisions Generally Applicable to Permits
Subchapter C. Cancellation and Suspension of Permits
Section 11.61. Cancellation or Suspension of Permit
Section 11.611. Conviction of Offense Relating to Discrimination
Section 11.612. Cancellation of Private Club Permit
Section 11.613. Summary Suspension of Private Club Permit
Section 11.614. Order Suspending Permit or License
Section 11.615. Disciplinary Action for Violation of Order
Section 11.62. Hearing for Cancellation or Suspension of Permit
Section 11.63. Notice of Hearing
Section 11.64. Alternatives to Suspension, Cancellation
Section 11.641. Amount of Civil Penalty
Section 11.65. Notice of Cancellation or Suspension
Section 11.66. Suspension or Cancellation Against Retailer
Section 11.67. Appeal From Cancellation, Suspension, or Denial of License or Permit
Section 11.68. Activities Prohibited During Suspension
Section 11.69. Disposal of Beverages in Bulk
Section 11.70. Liability of Surety
Section 11.71. Surety May Terminate Liability
Section 11.72. Discipline for Actions of Agent; Records Retention