Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.205 - Enforceable Claims(a) The bond protects all persons with a claim that is: (1) perfected in the manner prescribed for fixing a lien under Subchapter C ; or (2) perfected in the manner prescribed by Section 53.206. (b) A claim or the rights to a claim under the bond may be assigned.Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 690,Sec. 26, eff. 1/1/2022.Amended by Acts 1999, 76th Leg., ch. 889, Sec. 5, eff. 9/1/1999. Acts 1983, 68th Leg., p. 3552, ch. 576, Sec. 1, eff. 1/1/1984.