ADOPTED RULES An agency may take final action on a section 30 days after a proposal has been published in the Texas Register. The section becomes effective 20 days after the agency files the correct document with the Texas Register, unless a later date is specified or unless a federal statute or regulation requires implementation of the action on shorter notice. If an agency adopts the section without any changes to the proposed text, only the preamble of the notice and statement of legal authority will be published. If an agency adopts the section with changes to the proposed text, the proposal will be republished with the changes. Texas Department of Insurance Exempt Filing Notification Pursuant to the Insurance Code, Chapter 5, Subchapter L (Editor's Note: As required by the Insurance Code, Article 5.96 and 5. 97, the Texas Register publishes notices of actions taken by the Department of Insurance pursuant to Chapter 5, Subchapter L, of the Code. Board action taken under these articles is not subject to the Administrative Procedure Act. These actions become effective 15 days after the date of publication or on a later specified date. The text of the material being adopted will not be published, but may be examined in the offices of the Department of Insurance, 333 Guadalupe, Austin.) The Commissioner of Insurance, at a public hearing under Docket Number 2154 held at 1:30 p.m., July 25, 1995, in Room 100 of the Texas Department of Insurance Building, 333 Guadalupe Street, Austin, Texas, adopted a forms filing by the Texas Department of Banking (Department) for revised surety bond forms entitled "Currency Exchange Bond" and "Sale of Checks Bond." The Currency Exchange Bond is a requirement of Article 350, Vernon's Texas Civil Statutes. The Sale of Checks Bond is a requirement of Article 489d, Vernon's Texas Civil Statutes. The forms were filed in the Chief Clerk's Office on June 30, 1995. The "Currency Exchange Bond" has been revised as follows: The title of the bond: A reference has been added to bound the surety and principal not only to Article 350, Vernon's Texas Civil Statutes (Act) but also "any rules adopted pursuant to the Act." Additional wording has been added which now includes "any fines, fees, or other monies due and owing the Department" as part of the obligation in addition to "for the use and benefit of any creditor of the principal for any liability incurred." A counter signature line for the signature of the Licensed Local Recording Agent has been added. There also have been other minor editorial changes. The "Sale of Checks Bond" has been revised as follows: The title of the bond: A reference has been added to bound the surety and principal not only to Article 489d, Vernon's Texas Civil Statutes (Act) but also "any rules adopted pursuant to the Act." A counter signature line for the signature of the Licensed Local Recording Agent has been added. There also has been other changes of an editorial nature. The full text of the surety bond form filing (Reference Number 0-0695-11), was published in the July 11, 1995, issue of the Texas Register (20 TexReg 5062). The Texas Department of Insurance has jurisdiction over this matter pursuant to the Insurance Code, Articles 5.13, 5.15 and 5.97. The full text of the surety bond forms entitled "Currency Exchange Bond" and "Sale of Checks Bond", as adopted by the Texas Department of Insurance are filed with the Chief Clerk under (Reference Number 0-0695-11) and is incorporated by reference by Commissioner Order Number 95-0771. This notification is made pursuant to the Insurance Code, Article 5.96, which exempts it from the requirements of the Administrative Procedure Act. This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's authority to adopt. Issued in Austin, Texas, on August 3, 1995. TRD-9509696 Alicia M. Fechtel General Counsel and Chief Clerk Texas Department of Insurance Effective date: August 26, 1995 For further information, please call: (512) 463-6327 (Editor's Note: As required by the Insurance Code, Article 5.96 and 5. 97, the Texas Register publishes notices of actions taken by the Department of Insurance pursuant to Chapter 5, Subchapter L, of the Code. Board action taken under these articles is not subject to the Administrative Procedure Act. These actions become effective 15 days after the date of publication or on a later specified date. The text of the material being adopted will not be published, but may be examined in the offices of the Department of Insurance, 333 Guadalupe, Austin.) The Commissioner of Insurance, at a public hearing under Document Number 2155 held at 1:30 p.m., July 25, 1995, in Room 100 of the Texas Department of Insurance Building, 333 Guadalupe Street, Austin, Texas, adopted a forms filing by the Texas Education Agency for revised surety bond forms: One entitled "Course Provider Bond" and two other bonds both entitled "Driver Education School Bond." Also filed for approval are revised Continuation Agreements for each bond. All three bonds are a requirement of Article 4413(29c), Vernon's Texas Civil Statutes, as amended by Senate Bill 1391, acts of the 74th Legislature, Regular Session 1995. The forms were filed in the Chief Clerk's Office on June 30, 1995. The following revisions have been made to the Course Provider Bond: The title of the bond has been changed from Driver Training School Bond to Course Provider Bond. The penalty of the bond has been increased from $10,000 to $25, 000. Reference to sections of Article 4413(29c) in the conditions of the bond has been revised to reflect "sec.13(a-2), (g) (3), (h), sec.13B, sec.9." All references to "Driver Training School" has been deleted and substituted with "Course Provider." There are other minor editorial changes. The two bond forms entitled "Driver Education School Bond" have been revised as follows: The titles of the bonds have been changed from Driver Training School Bond to Driver Education School Bond. Reference to the sections of Article 4413(29c) in the conditions of the bonds have been revised to reflect " sec.13(a), (g) (1), (h), sec.9." There are other minor editorial changes. The penalty on the bonds remain the same, $10,000 for a primary school and $5,000 for each branch school. The Continuation Agreements for each bond form have been revised to track with the revisions of the bond forms. Also a line has been added at the bottom of the forms to provide a space for the Texas Resident Agent to print his or her name. The full text of the surety bond form filing (Reference Number 0-0695-12), was published in the July 11, 1995, issue of the Texas Register (20 TexReg 5063). The Texas Department of Insurance has jurisdiction over this matter pursuant to the Insurance Code, Articles 5.13, 5.15 and 5.97. The full text of the revised forms entitled "Course Provider Bond," "Driver Education School Bond" and "Continuation Agreement," as adopted by the Texas Department of Insurance are filed with the Chief Clerk under (Reference Number 0-0695-12) and is incorporated by reference by Commissioner Order Number 95- 0770. This notification is made pursuant to the Insurance Code, Article 5.96, which exempts it from the requirements of the Administrative Procedure Act. This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's authority to adopt. Issued in Austin, Texas, on August 3, 1995. TRD-9509695 Alicia M. Fechtel General Counsel and Chief Clerk Texas Department of Insurance Effective date: August 26, 1995 For further information, please call: (512) 463-6327