| (a) Excise tax bonds required by Chapter 204 of the
Alcoholic Beverage Code and by Chapter 33, Subchapter C, of this title
to be maintained by license or permit holders authorized to import
malt beverages or liquor into this state shall be in a minimum amount
of $1,000 and the maximum amounts of the bonds shall be determined
by the executive director. The maximum bond fixed by the executive
director must be an amount that will adequately protect the State
of Texas against the anticipated tax liability of the principal during
any six-week period.
(b) The executive director may investigate the adequacy
of any bond and adjust the bond as they deem justified by the investigation
results.
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