Sec. 305.201. PERSONAL OR AUTHORIZED CORPORATE SURETIES    


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  • (a) The surety or sureties on a bond may be personal or authorized corporate sureties.

    (b) A bond with sureties who are individuals must have at least two sureties, each of whom must:

    (1) execute an affidavit in the manner provided by this subchapter; and

    (2) own property in this state, excluding property exempt by law, that the judge is satisfied is sufficient to qualify the person as a surety as required by law.

    (c) A bond with an authorized corporate surety is only required to have one surety, except as provided by law.

Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.