Sec. 51.054. FILING OF COPY OF BOND OR NOTIFICATION OF ACCOUNT. A principal seller who is required to obtain a bond or establish a trust account under Subchapter C shall contemporaneously file with the secretary of state a copy of:
(1) the bond; or
(2) the formal notification by the depository that the trust account is established.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 4 - Business Opportunities and Agreements
Chapter 51 - Business Opportunities
Subchapter B. Registration of Business Opportunity
Section 51.051. Filing of Disclosure Statements and List of Sellers
Section 51.052. Updating of Information on File
Section 51.053. Filing of Disclosure Document From Other Regulatory Agency
Section 51.054. Filing of Copy of Bond or Notification of Account