Sec. 653.002. LEGISLATIVE INTENT. The intent of the legislature in enacting this chapter is to limit the purchase of surety bonds by state agencies in order that the state, to the greatest extent practicable, shall self-insure for such purposes. This chapter does not affect the purchase by a state agency of any form of insurance other than a surety bond.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2001, 77th Leg., ch. 1017, Sec. 1.10, eff. Sept. 1, 2002.
Structure Texas Statutes
Title 6 - Public Officers and Employees
Subtitle B - State Officers and Employees
Chapter 653 - Bonds Covering Certain State Officers and Employees
Section 653.002. Legislative Intent
Section 653.004. Authority to Purchase Bonds
Section 653.005. Scope and Amount of Bond Coverage
Section 653.006. Terms of Bonds
Section 653.007. Writing of Bonds
Section 653.008. Filing and Custody of Bonds
Section 653.009. Payment of Premiums
Section 653.010. Attorney General Authorized to Recover Loss