Texas Business & Commerce Code - Section 34.05. Officer Compelled To Pay On Judgment Treated As Surety
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Texas Laws > Business & Commerce Code > Texas Business & Commerce Code - Section 34.05. Officer Compelled To Pay On Judgment Treated As Surety
§ 34.05. OFFICER COMPELLED TO PAY ON JUDGMENT TREATED AS
SURETY. (a) An officer has the rights of a surety provided in
Section 34.04 of this code if compelled to pay a judgment in whole
or part because of his default.
(b) An officer who fails to pay over money collected, or who
wastes property levied on by him or in his possession, does not have
the rights of a surety provided in Section 34.04 of this code.
Acts 1967, 60th Leg., p. 2343, ch. 785, § 1.
Section: 26.02 27.01 27.02 34.01 34.02 34.03 34.04 34.05 35.01 35.015 35.02 35.03 35.04 35.05 35.06
Last modified: August 11, 2007
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