Sec. 702.153. REQUIREMENTS FOR SECURITY OTHER THAN SURETY BOND. An applicant who posts under Section 702.151 security other than a surety bond is:
(1) not required to post other security annually if the applicant maintains security in the amount of $20,000; and
(2) entitled to receive the interest that accumulates on the other security posted.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle M - Regulation of Other Health Professions
Subchapter D. Security Requirements
Section 702.151. Security Required
Section 702.152. Surety Bond Requirements
Section 702.153. Requirements for Security Other Than Surety Bond
Section 702.154. Beneficiary of Security
Section 702.155. Duration of Security
Section 702.156. Notice of Cancellation of Security