SECTION 85.207. Bond

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The commissioner may require a bond under Texas Pawnshop Act, §371.056 when the commissioner finds that this would serve the public interest. When a bond is required, the commissioner will give written notice to the applicant. Upon failure to submit a bond within 40 calendar days of the date of the commissioner's notice, the pending application may be denied.

Source Note: The provisions of this §85.207 adopted to be effective September 5, 1999, 24 TexReg 6714; amended to be effective June 7, 2010, 35 TexReg 3471

                    
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