Bill Text: TX SB1151 | 2023-2024 | 88th Legislature | Engrossed
Bill Title: Relating to the authority of corporations to act as sureties on bail bonds.
Spectrum: Bipartisan Bill
Status: (Engrossed - Dead) 2023-04-03 - Referred to Criminal Jurisprudence [SB1151 Detail]
Download: Texas-2023-SB1151-Engrossed.html
By: Whitmire, Creighton | S.B. No. 1151 |
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relating to the authority of corporations to act as sureties on bail | ||
bonds. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Article 17.06, Code of Criminal Procedure, is | ||
amended to read as follows: | ||
Art. 17.06. CORPORATION AS SURETY. (a) In [ |
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this chapter [ |
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to give or execute a [ |
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given or executed by the [ |
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authorized by law to act as surety, subject to all applicable [ |
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provisions of this chapter [ |
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giving of bail bonds by personal surety [ |
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(b) Before executing a bail bond for the release of a | ||
defendant, a corporation acting as surety, or the agent executing | ||
the bail bond on behalf of the corporation acting as surety, shall: | ||
(1) collect a premium of not less than 10 percent of | ||
the total surety bond amount; and | ||
(2) submit to the sheriff of the county in which the | ||
prosecution is pending a sworn affidavit that confirms payment of | ||
the premium and identifies: | ||
(A) the amount paid for the premium; | ||
(B) the method of payment for the premium, | ||
including cash, a type of cash equivalent, a property transfer, a | ||
property lien, or another method; and | ||
(C) the person who paid the premium. | ||
SECTION 2. Article 17.06, Code of Criminal Procedure, as | ||
amended by this Act, applies only to a bail bond executed on or | ||
after the effective date of this Act. A bail bond executed before | ||
the effective date of this Act is governed by the law in effect on | ||
the date the bail bond was executed, and the former law is continued | ||
in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2023. |