Texas Athlete Agent Financial Services Surety Bond is a type of surety bond that guarantees that the athlete agent will comply with the regulations of the Texas Occupations Code, Chapter 2005. This bond provides financial protection to athletes who are represented by athlete agents in the state of Texas. It also protects the athletes from any financial harm caused by the athlete agent's failure to fulfill their contractual obligations. The bond is required by the Texas Secretary of State in order for an athlete agent to operate in the state. There are two types of Texas Athlete Agent Financial Services Surety Bond: the Standard Bond and the Blanket Bond. The Standard Bond is a single-obligation bond that guarantees a specific amount up to the bond’s limit. The Blanket Bond guarantees that the athlete agent will remain in compliance with the Texas Occupations Code, Chapter 2005, regardless of the number of athletes they represent.