Bill Text: TX HB1822 | 2011-2012 | 82nd Legislature | Enrolled
Bill Title: Relating to the withdrawal of security by a bail bond surety.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2011-06-17 - Effective on 9/1/11 [HB1822 Detail]
Download: Texas-2011-HB1822-Enrolled.html
H.B. No. 1822 |
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relating to the withdrawal of security by a bail bond surety. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 1704.210, Occupations Code, is amended | ||
to read as follows: | ||
Sec. 1704.210. WITHDRAWAL OF SECURITY. (a) A license | ||
holder may withdraw the security or a portion of the security | ||
deposited or executed under Section 1704.160, and the security | ||
shall be returned to the license holder or the license holder's | ||
heirs or assigns, if the person requesting the withdrawal is: | ||
(1) a [ |
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amount of the security remaining after the withdrawal is: | ||
(A) at least the minimum amount required by | ||
Section 1704.160; and | ||
(B) an amount sufficient to maintain the ratios | ||
required by Section 1704.203 [ |
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(2) a former license holder who has ceased to engage in | ||
the bonding business, or a former license holder's heir or assign, | ||
and the amount of the security remaining after the withdrawal is | ||
sufficient to: | ||
(A) pay any outstanding judgments; and | ||
(B) secure any unexpired obligation on a bail | ||
bond executed by the former [ |
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(b) The board may adopt rules to limit the number of times in | ||
a year security may be returned to a license holder under this | ||
section [ |
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SECTION 2. This Act takes effect September 1, 2011. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 1822 was passed by the House on April | ||
21, 2011, by the following vote: Yeas 148, Nays 0, 1 present, not | ||
voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 1822 was passed by the Senate on May | ||
25, 2011, by the following vote: Yeas 31, Nays 0 | ||
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______________________________ | ||
Secretary of the Senate | ||
APPROVED: _____________________ | ||
Date | ||
_____________________ | ||
Governor |