Tex. Occ. Code § 702.153

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

Section 702.153 - Requirements for Security Other Than Surety Bond

An applicant who posts under Section 702.151 security other than a surety bond is:

(1) not required to post other security annually if the applicant maintains security in the amount of $20,000; and

(2) entitled to receive the interest that accumulates on the other security posted.

Tex. Occ. Code § 702.153

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. 9/1/1999.