Texas Finance Code 155.006 – Return of Deposit
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Terms Used In Texas Finance Code 155.006
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The comptroller shall return a deposit of cash or securities made under this chapter to a bond investment company if:
(1) the company ceases to do business in this state; and
(2) the comptroller and the attorney general find that the company does not have any liabilities in this state.