Sec. 2001.204. MANUFACTURER'S LICENSE BOND. (a) An applicant for a manufacturer's license must give the commission a cash bond or a bond in the amount of $10,000 issued by a surety company chartered or authorized to do business in this state.
(b) The bond must provide for forfeiture to the state on the manufacturer's failure to comply with this chapter or a commission rule or on suspension or revocation of the manufacturer's license.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 13 - Sports, Amusements, and Entertainment
Subchapter E. Manufacturer's and Distributor's Licenses
Section 2001.201. Manufacturer's License Required
Section 2001.202. Eligibility for Manufacturer's License
Section 2001.203. Manufacturer's License Application
Section 2001.204. Manufacturer's License Bond
Section 2001.205. Manufacturer's License Fee
Section 2001.206. Distributor's License Required
Section 2001.207. Eligibility for Distributor's License
Section 2001.208. Distributor's License Application
Section 2001.209. Distributor's License Fee
Section 2001.210. General Provisions
Section 2001.211. Amendment of Application
Section 2001.212. Denial of License
Section 2001.213. Commission Action Not Required
Section 2001.214. License Term
Section 2001.215. Records and Reports