Texas Insurance Code § 84.051 Release Of Bond

Sec. 84.051. RELEASE OF BOND. (a) If the person gave a supersedeas bond and if the administrative penalty is not upheld by the court, the court shall order, when the judgment becomes final, the release of the bond.

(b) If the person gave a supersedeas bond and if the amount of the penalty is reduced, the court shall order the release of the bond after the person pays the reduced amount.

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.

Section: Previous  84.002  84.003  84.004  84.021  84.022  84.041  84.042  84.043  84.044  84.045  84.046  84.047  84.048  84.049  84.050

Last modified: September 28, 2016