Sec. 14A.004. BOND. (a) A person receiving a certificate to transact business shall file a bond with the county clerk granting the certificate.
(b) The bond must be:
(1) payable to the State of Texas;
(2) of good and sufficient surety;
(3) conditioned on faithful performance of the applicant's duty as a public warehouse operator; and
(4) in the amount of $5,000.
(c) A bond is subject to approval by the county clerk and the clerk shall file approved bonds in the clerk's office.
Renumbered from Sec. 14.206 and amended by Acts 2001, 77th Leg., ch. 1124, Sec. 1, eff. Sept. 1, 2001.
Structure Texas Statutes
Title 2 - Department of Agriculture
Chapter 14A - Other Public Warehouse Operators
Section 14A.002. Certificate to Transact Business
Section 14A.003. Application for Certificate
Section 14A.006. Receipt for Cotton
Section 14A.0065. Receipt for Grapes
Section 14A.007. Duplicate Receipts
Section 14A.008. Exchange of Cotton Receipts
Section 14A.009. Cotton Under Lien
Section 14A.010. Receipt to Be Issued Only on Delivery