Tex. Ins. Code § 3503.204

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

Section 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.

Tex. Ins. Code § 3503.204

Added by Acts 2013, 83rd Leg. - Regular Session, ch. 896,Sec. 2, eff. 9/1/2013.