Tex. Occ. Code Section 1704.253
Mandatory License Suspension or Revocation: Grounds


(a)

A board shall immediately suspend a license if the license holder fails to maintain the amount of security required by Section 1704.160 (Security Requirements). A board is not required to provide notice or a hearing before suspending a license under this subsection. A license suspended under this subsection shall be immediately reinstated if the license holder deposits or executes the amount of security required by Section 1704.160 (Security Requirements).

(b)

After notice and hearing as provided by Section 1704.254 (Notice and Hearing), a board shall revoke a license if:

(1)

the license holder fails to pay a judgment in accordance with Section 1704.204 (Payment of Final Judgment); and

(2)

the amount of security maintained by the license holder under Section 1704.160 (Security Requirements) is insufficient to pay the judgment.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1704.253 — Mandatory License Suspension or Revocation: Grounds, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­1704.­htm#1704.­253 (accessed Jun. 5, 2024).

1704.001
Definitions
1704.002
Application of Chapter
1704.051
Mandatory Creation of Board
1704.052
Discretionary Creation of Board
1704.053
Board Composition
1704.054
Presiding Officer
1704.055
Meetings
1704.056
Quorum
1704.101
Administrative Authority
1704.102
Enforcement Authority
1704.103
Disbursements from County Fund
1704.104
Posting of Board Rule or Action
1704.105
Licensed Bail Bond Surety List
1704.107
Notification of License Suspension or Revocation
1704.108
Notification of Default by Corporation
1704.109
Solicitation and Advertisement
1704.151
License Required
1704.152
Eligibility
1704.153
Ineligibility Because of Criminal Conviction
1704.154
Application Requirements
1704.155
Real Property List
1704.156
Reappraisal of Real Property
1704.157
Preliminary Determinations
1704.158
Hearing on Application
1704.159
Decision on Application
1704.160
Security Requirements
1704.161
License Form
1704.162
License Expiration and Renewal
1704.163
Attorney Exemption
1704.201
Acceptance of License Holder Bail Bonds
1704.202
Record Requirements
1704.203
Bail Bond Limit
1704.204
Payment of Final Judgment
1704.205
Bail Bond Settlement
1704.206
Replacement of Security
1704.207
Surrender of Principal
1704.208
Bond Liability
1704.209
Bond Discharged on Appeal
1704.210
Withdrawal of Security
1704.211
Corporate Power of Attorney
1704.212
Effect of Default by Corporation
1704.213
Office Location
1704.251
Investigation
1704.252
Discretionary License Suspension or Revocation: Grounds
1704.253
Mandatory License Suspension or Revocation: Grounds
1704.254
Notice and Hearing
1704.255
Appeal
1704.256
Standard of Judicial Review
1704.257
Effect of Board Order
1704.301
Return of Security
1704.302
Prohibited Referrals of or Employments with Bonding Business
1704.303
Bail Bond Surety Activity
1704.304
Prohibited Recommendations or Solicitations
1704.305
Bail Bond Receipt and Inspection
1704.306
Records
1704.0535
Election of Certain Bail Bond Board Members
1704.2535
Failure to Pay Final Judgment by Bail Bond Surety

Accessed:
Jun. 5, 2024

§ 1704.253’s source at texas​.gov