Sec. 61.031. BOND. (a) The commission may require an employer to deposit a bond if:
(1) the employer is convicted of two violations of this chapter; or
(2) a final order of the commission against an employer for nonpayment of wages remains unsatisfied after the 10th day after the date on which the time to appeal from that final order has expired and an appeal is not pending.
(b) The bond must be:
(1) in an amount approved and considered by the commission as adequate under the circumstances;
(2) payable to the state;
(3) conditioned that the employer, for a period not to exceed 36 months, pay the employees in accordance with this chapter; and
(4) conditioned that the employer pay any sum recovered against the employer under this chapter.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
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