Tex. Spec. Dists. Code § 1058.054

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1058.054 - Bond; Record of Bond and Oath

(a) Each director shall qualify by executing a good and sufficient commercial bond for $1,000 that is:

(1) payable to the district; and

(2) conditioned on the faithful performance of the director's duties.

(b) The district shall pay for a director's bond.

(c) Each director's bond and constitutional oath of office must be deposited with the district's depository bank for safekeeping.

Tex. Spec. Dist. Loc. Laws § 1058.054

Added by Acts 2011, 82nd Leg., R.S., Ch. 70, Sec. 1.01, eff. 4/1/2013.