Sec. 1704.211. CORPORATE POWER OF ATTORNEY. (a) A corporation shall, before executing any bail bond, file with the county clerk of the county in which the corporation intends to execute the bond a power of attorney designating an agent of the corporation authorized to execute bail bonds on behalf of the corporation.
(b) An agent designated by a power of attorney under Subsection (a) for a corporation holding a license under this chapter must be designated by the corporation in the corporation's application for a license.
(c) An agent designated by a power of attorney under Subsection (a) is not required under this chapter to obtain a general property and casualty agent license under Chapter 4051, Insurance Code.
(d) A corporation may limit the authority of an agent designated under Subsection (a) by specifying the limitation in the power of attorney that is filed with the county clerk and the board.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1262, Sec. 9, eff. Sept. 1, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.152, eff. September 1, 2005.
Structure Texas Statutes
Title 10 - Occupations Related to Law Enforcement and Security
Chapter 1704 - Regulation of Bail Bond Sureties
Subchapter E. Bonding Business
Section 1704.201. Acceptance of License Holder Bail Bonds
Section 1704.202. Record Requirements
Section 1704.203. Bail Bond Limit; Additional Security
Section 1704.204. Payment of Final Judgment
Section 1704.205. Bail Bond Settlement
Section 1704.206. Replacement of Security
Section 1704.207. Surrender of Principal; Contest
Section 1704.208. Bond Liability
Section 1704.209. Bond Discharged on Appeal
Section 1704.210. Withdrawal of Security
Section 1704.211. Corporate Power of Attorney
Section 1704.212. Effect of Default by Corporation; Notice Required