# 28 Tex. Admin. Code § 7.1608: 28 TAC § 7.1608. Fidelity Bond

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1608

## Section

- **Citation:** 28 Tex. Admin. Code § 7.1608
- **Heading:** 28 TAC § 7.1608. Fidelity Bond
- **Jurisdiction:** Texas
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Texas Administrative Code / Title 28 INSURANCE / Part 1 TEXAS DEPARTMENT OF INSURANCE / Chapter 7 CORPORATE AND FINANCIAL REGULATION / 28 TAC § 7.1608

## Text

(a) An applicant must obtain, and an administrator must maintain, a fidelity bond that complies with the requirements of the Insurance Code §4151.055 and this section.
(b) Applicants and administrators may only obtain a fidelity bond from a surety company authorized to engage in business in this state as a surety or an eligible surplus lines insurer in compliance with the Insurance Code Chapter 981 and rules adopted thereunder.
(c) An applicant or administrator whose fidelity bond is cancelled or terminated and not replaced with new coverage that meets the requirements of the Insurance Code §4151.055 and this section and that is effective concurrently upon the date of the cancellation or termination shall immediately inform the commissioner in writing, which in no event shall be later than ten business days from the date the applicant or administrator first becomes aware of the cancellation or termination.

## Nearby sections

- [28 Tex. Admin. Code § 7.1601 28 TAC § 7.1601. Scope](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1601.md)
- [28 Tex. Admin. Code § 7.1602 28 TAC § 7.1602. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1602.md)
- [28 Tex. Admin. Code § 7.1603 28 TAC § 7.1603. Certificate of Authority Required](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1603.md)
- [28 Tex. Admin. Code § 7.1604 28 TAC § 7.1604. Application for Certificate of Authority](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1604.md)
- [28 Tex. Admin. Code § 7.1605 28 TAC § 7.1605. Notification Requirements](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1605.md)
- [28 Tex. Admin. Code § 7.1606 28 TAC § 7.1606. Requirements Related to Ownership Interest and Change of Control](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1606.md)
- [28 Tex. Admin. Code § 7.1607 28 TAC § 7.1607. Facts and Circumstances Affecting Issuance of Certificate of Authority](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1607.md)
- [28 Tex. Admin. Code § 7.1608 28 TAC § 7.1608. Fidelity Bond](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1608.md)
- [28 Tex. Admin. Code § 7.1609 28 TAC § 7.1609. Annual Report](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1609.md)
- [28 Tex. Admin. Code § 7.1610 28 TAC § 7.1610. Financial Statements under the Education Code](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1610.md)
- [28 Tex. Admin. Code § 7.1611 28 TAC § 7.1611. Operational Review and On-Site Audit](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1611.md)
- [28 Tex. Admin. Code § 7.1612 28 TAC § 7.1612. Fiduciary Bank Accounts](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1612.md)
- [28 Tex. Admin. Code § 7.1613 28 TAC § 7.1613. Written Agreements Between Administrators and Insurers](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1613.md)
- [28 Tex. Admin. Code § 7.1614 28 TAC § 7.1614. Prohibited Acts](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1614.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T28_P1_C7_S7_1608. Check the current official text before relying on it. Not legal advice.