SUBCHAPTER D. PENALTIES

Sec. 147.061.  FAILURE TO FILE OR MAINTAIN BOND.  (a)  A person commits an offense if the person:
(1)  advertises or solicits business, or engages in business, as a livestock commission merchant without filing a bond in accordance with this chapter;  or
(2)  as a livestock commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.
(b)  A person commits an offense if the person:
(1)  advertises or solicits business, or engages in business, as a livestock auction commission merchant without filing a bond in accordance with this chapter;  or
(2)  as a livestock auction commission merchant, fails to maintain a bond in full force and effect in accordance with this chapter.
(c)  An offense under Subsection (a) is a felony punishable by:
(1)  a fine of not less than $500 nor more than $5,000;
(2)  imprisonment in the Texas Department of Criminal Justice for not less than one nor more than two years; or
(3)  both fine and imprisonment under this subsection.
(d)  An offense under Subsection (b) of this section is a misdemeanor punishable by:
(1)  a fine of not less than $25 nor more than $1,000;
(2)  confinement in county jail for not more than 30 days;  or
(3)  both fine and confinement under this subsection.
Acts 1981, 67th Leg., p. 1382, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Amended by: 
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.003, eff. September 1, 2009.