Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 393.402 - Surety Account(a) The surety account of a credit services organization must be held in trust at a federally insured bank or savings association located in this state.(b) The name of the depository and the trustee and the account number of the surety account must be filed with the secretary of state.Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.037, eff. 9/1/1999. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.