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TITLE 7BANKING AND SECURITIES
PART 4DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 79RESIDENTIAL MORTGAGE LOAN SERVICERS
SUBCHAPTER AREGISTRATION
RULE §79.4Bond Requirement
(a) Bonds submitted for the approval of a Residential Mortgage Loan Servicer registration application must be on the prescribed form and for the amount determined applicable under Finance Code §158.055(b) or (c).

 (b) The name of the principal insured on the bond must match exactly the name filed with the Texas Secretary of State, if applicable. If the bond is a paper bond, it must include the surety seal and an attached power of attorney.

Source Note: The provisions of this §79.4 adopted to be effective January 5, 2012, 36 TexReg 9290; amended to be effective November 20, 2022, 47 TexReg 7553

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