Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1201.110 - Security: Duration The department shall maintain on file a security other than a bond canceled as provided by Section 1201.109(a) until the later of:
(1) the second anniversary of the date the manufacturer, retailer, broker, or installer ceases doing business; or(2) the date the director determines that a claim does not exist against the security.Tex. Occ. Code § 1201.110
Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 1079,Sec. 3.11, eff. 9/1/2013.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.