Tex. Agric. Code Section 147.061
Failure to File or Maintain Bond

(a)

A person commits an offense if the person:

(1)

advertises or solicits business, or engages in business, as a livestock commission merchant without filing a bond in accordance with this chapter; or

(2)

as a livestock commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.

(b)

A person commits an offense if the person:

(1)

advertises or solicits business, or engages in business, as a livestock auction commission merchant without filing a bond in accordance with this chapter; or

(2)

as a livestock auction commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.

(c)

An offense under Subsection (a) is a felony punishable by:

(1)

a fine of not less than $500 nor more than $5,000;

(2)

imprisonment in the Texas Department of Criminal Justice for not less than one nor more than two years; or

(3)

both fine and imprisonment under this subsection.

(d)

An offense under Subsection (b) of this section is a misdemeanor punishable by:

(1)

a fine of not less than $25 nor more than $1,000;

(2)

confinement in county jail for not more than 30 days; or

(3)

both fine and confinement under this subsection.
Acts 1981, 67th Leg., p. 1382, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.003, eff. September 1, 2009.

Source: Section 147.061 — Failure to File or Maintain Bond, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­147.­htm#147.­061 (accessed Apr. 20, 2024).

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Accessed:
Apr. 20, 2024

§ 147.061’s source at texas​.gov