If you are engaged in a business that has Texas Commission on Environmental Quality oversite, then you may be required under the Texas Administrative Code section 37.311 to file a Texas Commission on Environmental Quality TCEQ Bond as a condition of licensure.
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 Commission on Environmental Quality TCEQ Bond holds you accountable for your business decisions.
By possessing a Texas Commission on Environmental Quality TCEQ Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.