Texas Agriculture Code 147.026 – Recording of Bond and Statement of Sales
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(a) The county judge shall file each commission merchant’s bond with the county clerk, who shall record the bond at length in records maintained for that purpose labeled “Bonds of Livestock Commission Merchants” or “Bonds of Livestock Auction Commission Merchants,” as applicable. The records must be properly indexed.
(b) If the person filing the bond is a livestock commission merchant, the person shall also file a sworn statement with the county judge setting forth the average daily sales of the person for the preceding year. The county clerk shall record the statement in the same manner as the bond.
Terms Used In Texas Agriculture Code 147.026
- Livestock: means cattle, horses, mules, asses, sheep, goats, llamas, alpacas, exotic livestock, including elk and elk hybrids, and hogs, unless otherwise defined. See Texas Agriculture Code 1.003
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) The county clerk shall file the original bond and sworn statement of a livestock commission merchant in the clerk’s office.