™Your Policy Risk Impact Agent
100 chapters · 2,835 sections in this title.
Tex. Finance Code § 155.001 Definition
0.2K chars
Sec. 155.001. DEFINITION. In this chapter, "bond investment company" includes a person that places or sells bonds, certificates, or debentures on the partial payment or installment plan. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Tex. Finance Code § 155.002 Deposit Required
0.6K chars
Sec. 155.002. DEPOSIT REQUIRED. (a) Each person doing business in this state as a bond investment company shall deposit with the comptroller, in cash or securities approved by the comptroller, an amount equal to $5,000. (b) In addition to the deposit required by Subsection (a), a…
Tex. Finance Code § 155.003 Failure To Make Deposit
1.1K chars
Sec. 155.003. FAILURE TO MAKE DEPOSIT. (a) A domestic corporation that fails to make the deposit required by this chapter before the 61st day after the date of its organization is considered to have forfeited its charter or certificate of incorporation. (b) The attorney general s…
Tex. Finance Code § 155.004 Receiver On Failure of Corporation
0.8K chars
Sec. 155.004. RECEIVER ON FAILURE OF CORPORATION. (a) If a corporation that does business in this state as a bond investment company fails, a district court of the county in which the principal office of the corporation is located shall appoint, on application of a shareholder of…