Sec. 3503.204. DISCLOSURE REQUIREMENTS. A surety company that executes or delivers in this state a bail bond as defined by Section 1704.001, Occupations Code, shall disclose in the company's financial statement filed with the department the aggregate amount of:
(1) gross premium for bail bond business reported in the company's surety line of business;
(2) premium or service fees retained by the bail bond surety or agent; and
(3) premium for bail bond business received by the company, net of amounts retained by the bail bond surety or agent.
Added by Acts 2013, 83rd Leg., R.S., Ch. 896 (H.B. 1047), Sec. 2, eff. September 1, 2013.
Structure Texas Statutes