Each director must execute a $5,000 bond with a corporate surety authorized to do business in this state and conditioned on the faithful performance of the director's duties.
Tex. Spec. Dist. Loc. Laws § 21.106
Each director must execute a $5,000 bond with a corporate surety authorized to do business in this state and conditioned on the faithful performance of the director's duties.
Tex. Spec. Dist. Loc. Laws § 21.106