answersLogoWhite

0


Best Answer

Yes, with a very small exception, surety bonds are required to be issued by a licensed and admitted surety company that is licensed by the state in which the bond is being filed. The bond can be executed by a licensed agent or an other attorney in fact, for the surety company.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

6mo ago

Yes, a license is required to issue bonds in Texas. The Texas Securities Act requires individuals or entities engaged in the business of issuing or underwriting securities, including bonds, to be licensed as broker-dealers or agents with the Texas State Securities Board. Failure to obtain the necessary license can result in penalties and legal consequences.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is a license required to issue bonds in Texas?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why issue 144A bonds vs registered?

Less documentation and disclosure is required for 144A


What does 007 stand for?

It is the issue number of James Bonds' 'License To Kill'.


Do corporations issue stocks and bonds?

They do in fact issue stocks and bonds.


Can a private company issue bonds?

Yes, a private company can issue bonds to raise capital. These bonds are typically referred to as private placements and are offered to a select group of investors. Private companies may choose to issue bonds as a way to diversify their sources of funding and potentially lower borrowing costs.


Why does the federal government issue bonds?

The federal government issues bonds, along with short-term notes, for the expenditures required to operate the federal government and to pay off debt that is maturing.


How do the public sector raise money?

The government can collect taxes, charge license fees, and raise tax bonds.


Can you get your driver's license if you dropped out in Texas?

If you're under 18, no - they will ask you for proof of enrollment. After you turn 18, it's no longer an issue.


Describe the differences that exist in current accounting for original proceeds of the issuance of convertible bonds and of debt instruments with separate warrants to purchase common stock?

Companies need to finance their business plans. In order to finance them, the company can either go for debt or issue shares or issue bonds to get the required investment. Debt can be in the form of bonds.


Do you need a freight forwarding license to conduct air export shipments?

Yes, a freight forwarding license is required to send exports by air. The International Air Transportation Association is the governing body that can issue this type of license.


Can you get an insurance license in Texas with a felony?

There are different types of insurance licenses and criteria vary by type. In some instances those with a felony cannot obtain a license and in other cases felony charges are not an issue.


How much is the application fee for a general contractor license in Texas ?

Technically speaking, Texas does not have a general contractor license. If you are performing "specialty" work such as electrical or HVAC contracting (among others) you will need a license but otherwise, there no issue. Cities and counties, though, do have the right to require licenses. There are several types of contracting licenses, for a general contractor you will probably need all of them. For instance in Texas, the license fee for plumbers is $155, an electrician is $50, etc.


What type of bonds do the United states government give issue?

municipal bonds?