Texas Special District Local Laws Code 1083.055 – Bond; Record of Bond and Oath or Affirmation of Office
Current as of: 2024 | Check for updates
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(a) Each director shall execute 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 or affirmation of office shall be deposited with the district’s depository bank for safekeeping.