Texas Athlete Agent Bond

In Texas, athlete agents are required to obtain two separate surety bonds to operate legally. Firstly, they must provide a $50,000 surety bond to the Texas Secretary of State. Additionally, if the agent offers financial services to athletes or enters into financial services contracts with them, they must secure a separate $100,000 surety bond. Both bonds are payable to the state. These bonds shield professional athletes from potential harm caused by illicit conduct by their agents.

The Texas athlete agent bond ensures that agents in the state will follow the law, protecting their client’s interests. It clearly assures that agents will comply with their responsibilities under Chapter 2051 of the Texas Occupations Code.

Please note this page is for car dealer licensing. If you're trying to register a vehicle with a missing title, a separate Lost Title Bond is required.

Example athlete
Texas Athlete Agent Bond

Bond Amount: $50,000 or $100,000

Required By: Texas Secretary of State

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State Acceptance Guarantee
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Refund within 30 days
1 Year Bond Starts At
1%
*Based on credit and experience
of total bond amount required
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Example auto dealer lotDecorative purple dollar sign
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