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Texas Agriculture Code - Section 95.014. Bond

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§ 95.014. BOND. (a) A person who obtains a license under Section 95.012 of this code may not exercise the license until the person executes a bond in the amount of $5,000 payable to the governor and conditioned on the coloring matter being free from an ingredient that is harmful to the quality of citrus fruit or to health. (b) A bond shall be cash or a surety bond cosigned by a surety company that is authorized to do business in this state. (c) The department shall approve the form of bond. (d) The aggregate liability on a bond may not exceed $5,000. (e) A person who has a claim against the bond may bring an action against the principal and the surety, jointly and severally. A judgment obtained against either the principal or surety, or both, shall include costs. Acts 1981, 67th Leg., p. 1248, ch. 388, § 1, eff. Sept. 1, 1981.

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Last modified: August 10, 2007