{"id":611,"date":"2013-03-19T04:50:43","date_gmt":"2013-03-19T04:50:43","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=611"},"modified":"2017-01-03T16:20:40","modified_gmt":"2017-01-03T16:20:40","slug":"texas-athlete-agent-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/texas-athlete-agent-bond\/","title":{"rendered":"Texas Athlete Agent Bond"},"content":{"rendered":"<p>If you wish to engage in the representation of intercollegiate athletes in the State of Texas you must be registered and provide a\u00a0<strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Texas athlete agent bond<\/a><\/strong>. \u00a0The Texas Occupations Code defines a an athlete agent as an individual that for compensation recruits or solicits an athlete to enter into an agent contract, a financial services contract or a professional sports servies contract with him\/her or another, OR for a fee procures, offers, promises or attempts to obtain employment for an athlete with a professional sports team. \u00a0The athlete agent must register with the Texas Secretary of State. \u00a0The mandatory\u00a0<strong>Texas Athlete Agent Surety Bond\u00a0<\/strong>must be in the amount of $50,000 HOWEVER if the agent either provides financial services or enters into a financial service contract with an athlete then the bond requirement is $100,000 and is referred to as a <strong>Texas Athlete Agent Financial Services Bond<\/strong>. \u00a0The Texas athlete agent bond guarantees that the agent will; (1) faithfully discharge all obligations, duties and responsibilities under <a title=\"TX Athlete Agent laws\" href=\"http:\/\/www.capitol.state.tx.us\/tlodocs\/82R\/billtext\/html\/HB01123F.htm\" target=\"_blank\">Chapter 2051, Occupations Code<\/a>; and, (2) pay any administrative penalty under subchapter J, Chapter 2051; and (3) pay damages awarded to an institution of higher education or an athlete as a result of the agent offering or providing a thing of value to an athlete or family member of the athlete. National\u00a0<strong>surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>, offers athlete agent bonds in all states where they are required by law.\u00a0Visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email us at\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>Texas athlete agent bond<\/strong>\u00a0application or any other bond need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you wish to engage in the representation of intercollegiate athletes in the State of Texas you must be registered and provide a\u00a0Texas athlete agent bond. \u00a0The Texas Occupations Code defines a an athlete agent as an individual that for&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/texas-athlete-agent-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[758,761,759,760],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Texas Athlete Agent Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/texas-athlete-agent-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Athlete Agent Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"If you wish to engage in the representation of intercollegiate athletes in the State of Texas you must be registered and provide a\u00a0Texas athlete agent bond. \u00a0The Texas Occupations Code defines a an athlete agent as an individual that for... Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/texas-athlete-agent-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety One, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Surety1\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Surety1\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-19T04:50:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-03T16:20:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:site\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"C. 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