Sec. 702.157.  LIMIT ON LIABILITY OF SURETY OR OBLIGOR.  (a)  The limit of a surety's or obligor's liability stated in the security filed or posted under this subchapter may not be cumulative from year to year or period to period, regardless of the number of:
(1)  years that the security continues in force;  or
(2)  premiums paid or payable.
(b)  The liability of a surety or obligor is exclusively conditioned on a final administrative order issued by the secretary of state.
(c)  Security filed or posted under this subchapter is subject to a claim only as provided by this subchapter.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.