Tex. Spec. Dists. Code § 11006.105

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

Section 11006.105 - Bond

Each director shall execute a good and sufficient bond for $5,000 that is:

(1) payable to the authority; and

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

Tex. Spec. Dist. Loc. Laws § 11006.105

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 855,Sec. 1.07, eff. 4/1/2017.