Under the Bingo Enabling Act, Chapter 2001, Texas Occupations Code and Charitable Bingo Administration Rule 402.603, organizations holding a license to lease bingo premises must execute a Texas Bingo Tax Bond.
Bonds Express offers a Texas Bingo Tax Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Texas Bingo Tax Bond holds you accountable for your business decisions.
By possessing a Texas Bingo Tax Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.