CANCELLATION OF BOND; SUSPENSION OF CERTIFICATE.
Tex. OCC Code § 2051.152.
in effect(a) Not later than the 30th day after the date an athlete agent receives a notice of cancellation from the surety of a bond deposited under Section 2051.151 , the athlete agent shall file a new bond with the secretary of state.
(b) The secretary shall suspend the certificate of registration of an athlete agent who fails to file a new bond as required by Subsection (a) until a new bond is filed.
SUBCHAPTER E. FORM, CONTENT, AND FILING OF CERTAIN CONTRACTS
