Tex. Prop. Code § 53.201 : PROPERTY CODE — EXEMPT PROPERTY AND LIENS — LIENS — MECHANIC'S, CONTRACTOR'S, OR MATERIALMAN'S LIEN — BOND TO PAY LIENS OR CLAIMS — Bond
(a) An original contractor who has a written contract with the owner may furnish at any time a bond for the benefit of claimants.
(b) If a valid bond is filed, a claimant may not file suit against the owner or the owner's property and the owner is relieved of obligations under Subchapter D or E.
Tex. Prop. Code § 53.201
Amended by Acts 1997, 75th Leg., ch. 526, Sec. 22, eff. 9/1/1997.
Acts 1983, 68th Leg., p. 3551, ch. 576, Sec. 1, eff. 1/1/1984.