Sec. 702.158.  REVIEW OF SECURITY AMOUNT.  (a)  At least once every three years, the secretary of state shall review the amount of security a health spa operator is required to post under Section 702.151 to determine whether the amount is sufficient to protect the health spa's total membership.   The secretary may increase the amount required if the secretary determines that the increase is necessary to protect that membership but may not increase the amount above the maximum amount allowed under Section 702.151(b).
(b)  The secretary of state may adopt procedures necessary to implement this section, including:
(1)  establishing a schedule to review the amount of security posted by each health spa operator; and
(2)  requiring each health spa operator to submit periodically a written statement of the health spa's total membership.
Added by Acts 2005, 79th Leg., Ch. 908 (H.B. 135), Sec. 3, eff. September 1, 2005.