Section 281.025 - Officers(a) After executing the bonds and taking the oaths, the directors shall elect a president, vice-president, secretary, and any other officers the board considers necessary.(b) The president is the chief executive officer of the authority and shall preside at each meeting of the board.(c) The vice-president shall act as president if the president is absent or disabled. The secretary shall act as president if both the president and the vice-president are absent or disabled.(d) The secretary shall provide for the proper keeping of the books and records of the authority. The board may appoint a director, the general manager, or any other employee as assistant or deputy secretary to assist the secretary, and that person may certify the authenticity of any record of the authority.(e) A director of a state or national bank may serve as the authority's treasurer.(f) The treasurer shall execute a bond, in an amount set by the board, conditioned that the treasurer will faithfully account for all money of which the treasurer assumes custody in the capacity of treasurer.Tex. Loc. Gov't. Code § 281.025
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.