Sec. 147.028. SUIT ON BOND. (a) Any person damaged by breach of a condition of a bond may bring suit and recover under the bond. The suit shall be brought in the county in which the bond is filed.
(b) A bond is not void on first recovery and may be sued on until the total amount is exhausted. If a bond is reduced by one-half, the commission merchant shall file a new bond, conditioned as provided by this subchapter for the original bond, in an amount necessary to restore the bond to the amount required by Section 147.023 of this code.
Acts 1981, 67th Leg., p. 1381, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Structure Texas Statutes
Title 6 - Production, Processing, and Sale of Animal Products
Chapter 147 - Livestock Commission Merchants
Section 147.021. Bond Required
Section 147.022. Terms and Conditions of Bond
Section 147.023. Amount of Bond
Section 147.024. More Than One Person Under Single Bond
Section 147.025. Approval of Bond by County Judge
Section 147.026. Recording of Bond and Statement of Sales