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Texas Business & Commerce Code - Section 41.053. Filing Of Copy Of Bond Or Notification Of Account

Legal Research Home > Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 41.053. Filing Of Copy Of Bond Or Notification Of Account

§ 41.053. FILING OF COPY OF BOND OR NOTIFICATION OF ACCOUNT. A principal seller who is required to provide a bond or establish a trust account shall contemporaneously file with the secretary of state a copy of: (1) the bond; or (2) the formal notification by the depository that the trust account is established. Added by Acts 1997, 75th Leg., ch. 1008, § 5, eff. Sept. 1, 1997.

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Last modified: August 10, 2007