Sec. 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, Sec. 1, eff. Sept. 1, 1981.
Section: Previous 95.001 95.002 95.003 95.011 95.012 95.013 95.014 95.015 95.016 95.017 95.018 95.031 95.032 95.033 95.034 NextLast modified: September 28, 2016