The state of Texas has enacted a new law under the name HB 3080 which makes a temporary guardian or guardian and the surety on the bond liable for any excess compensation that they received. This happens when the court reduces or eliminates his/her compensation pursuant to the new lawâ€™s provisions that allows the court to do so under certain conditions.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.