Tex. Fin. Code § 393.404

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 393.404 - Beneficiary of Surety Bond or Account

The surety bond or account of a credit services organization must be in favor of:

(1) this state for the benefit of a person damaged by a violation of this chapter; and

(2) a person damaged by a violation of this chapter.

Tex. Fin. Code § 393.404

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.