Quote:
Originally Posted by inspro
I am amazed and appauled that the state of Texas has not shut down a company that has defied their surety bond requirement. The bond is required to protect the public from companies like this breaking state industry rules.
In my experience with other state departments, a company operating without a bond is shut down the day the bond is not active. Any news as to whether or not your calls have had any effect? |
Granted, I'm a total newbie, but I don't think Texas has the right or the power to shut down a company based in NY (see the address in the OP). The best they could do would be to bar them from conducting business in TX, which should include collection attempts against anyone in TX. If they fail to comply, all TX can do is take them to court and possibly get damages.
Or am I missing something?