Occupations Code › Title 3 › Chapter 702 › Subchapter D

Texas Occupations Code § 702.153

Requirements for Security Other Than Surety Bond

Health Spas · Security Requirements

An applicant who posts under Section 702.151 security other than a surety bond is:

(1) not required to post other security annually if the applicant maintains security in the amount of $20,000; and

(2) entitled to receive the interest that accumulates on the other security posted.

Official text of the Texas Occupations Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

This section refers to

§ 702.151