Texas Special District Local Laws Code 1058.054 – Bond; Record of Bond and Oath
Current as of: 2024 | Check for updates
|
Other versions
(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.