Texas Occupations Code § 702.155 Duration Of Security

Sec. 702.155. DURATION OF SECURITY. A certificate holder shall maintain the security filed or posted under Section 702.151 in effect until the earlier of:

(1) the second anniversary of the date the certificate holder's health spa closes; or

(2) the date the secretary of state determines that each claim filed against the security has been satisfied or foreclosed by law.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Amended by:

Acts 2011, 82nd Leg., R.S., Ch. 1340 (S.B. 1231), Sec. 1, eff. September 1, 2011.

Section: Previous  702.105  702.106  702.107  702.151  702.152  702.153  702.154  702.155  702.156  702.157  702.158  702.201  702.202  702.205  702.206  Next

Last modified: September 28, 2016