Texas Service Contract Providers License Surety Bond
Texas TDLR requires 1 of 3 Financial Security Methods in order to licensed to operate a Service Contract Provider business in the state. A Funded reserve account and financial security deposit must be accompanied by the provider’s most recent Audited Financial Statements prepared by an independent certified public accountant. A Financial Security Deposit must be used in conjunction with a Funded Reserve Account andmust be in an amount no less than $250,000.
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