Sec. 3503.202. UNEARNED PREMIUM RESERVE FOR BAIL BOND NOT REQUIRED. A surety company is not required to maintain an unearned premium reserve for a bail bond, as defined by Section 1704.001, Occupations Code, executed or delivered by the company.
Added by Acts 2013, 83rd Leg., R.S., Ch. 896 (H.B. 1047), Sec. 2, eff. September 1, 2013.
Section: Previous 3503.051 3503.052 3503.053 3503.054 3503.055 3503.056 3503.057 3503.101 3503.151 3503.152 3503.153 3503.154 3503.201 3503.202 3503.203 NextLast modified: September 28, 2016