Sec. 702.152. SURETY BOND REQUIREMENTS. If a surety bond is filed under Section 702.151, the bond must: (1) remain in effect until canceled by the surety company; (2) be issued by a company authorized to do business in this state; and (3) conform to the requirements of the Insurance Code. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.