Sec. 3503.204. DISCLOSURE REQUIREMENTS. A surety company that executes or delivers in this state a bail bond as defined by Section 1704.001, Occupations Code, shall disclose in the company's financial statement filed with the department the aggregate amount of:
(1) gross premium for bail bond business reported in the company's surety line of business;
(2) premium or service fees retained by the bail bond surety or agent; and
(3) premium for bail bond business received by the company, net of amounts retained by the bail bond surety or agent.
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 3503.203Last modified: September 28, 2016