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House Bill 1822 |
House Author: Harless |
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Effective: 9-1-11 |
Senate Sponsor: Huffman |
House Bill 1822 amends the Occupations Code to authorize a holder of a bail bond surety license to withdraw a portion of a deposited or executed security, rather than withdrawing the entire security only, if certain conditions apply. The bill revises the conditions under which a withdrawal may be made based on the amount of the security remaining after the withdrawal and whether the person requesting the withdrawal is a license holder in good standing or a former license holder who has ceased to engage in the bonding business, or a former license holder's heir or assign. The bill authorizes the county bail bond board to adopt rules to limit the number of times in a year security may be returned to a license holder.