July 11, 2019

Texas Pharmacy Bond

A new bill titled HB 3496 provides that the Executive Director of the State Board of Pharmacy may require pharmacies to post a surety bond for not more than $25,000 in connection with licensure.

The bond will secure the payment of fines, fees, and penalties that the State Board of Pharmacy (Board) imposes, as well as any investigation costs if the pharmacy fails to pay these amounts.

texas-bond

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If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.

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Eric Weisbrot

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.