Sec. 702.205.  ISSUANCE OF EXEMPTION.  (a)  On approval of an application for an exemption under Section 702.201, the secretary of state shall issue a certificate of exemption.
(b)  A certificate holder to whom a certificate of exemption is issued is not required to file a surety bond or post other security under Subchapter D.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.