Tex. Spec. Dists. Code § 8834.064

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

Section 8834.064 - Bond for Employee Responsible for Money

(a) The board shall require an employee who collects, pays, or handles district money to provide a good and sufficient bond that is:

(1) in an amount sufficient to safeguard the district;

(2) payable to the district; and

(3) conditioned on:

(A) the faithful performance of the employee's duties; and

(B) accounting for all district money and property under the employee's control.

(b) The district shall pay for the bond.

Tex. Spec. Dist. Loc. Laws § 8834.064

Added by Acts 2009, 81st Leg., R.S., Ch. 1139, Sec. 1.05, eff. 4/1/2011.