Sec. 305.202. SURETIES FOR CERTAIN BONDS    


Latest version.
  • (a) If the amount of a bond exceeds $50,000, the court may require that the bond be signed by:

    (1) at least two authorized corporate sureties; or

    (2) one authorized corporate surety and at least two good and sufficient personal sureties.

    (b) The estate shall pay the cost of a bond with corporate sureties.

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