Texas Government Code - Section 403.008. Bonds And Employees.
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§ 403.008. BONDS AND EMPLOYEES.. (a) The comptroller
shall give any special bond required by an Act of Congress or a
federal department or official to protect federal funds deposited
with the comptroller. The state shall pay the expenses necessary
and incidental to the execution of the bond.
(b) The comptroller shall appoint other employees that are
authorized by law. The comptroller may require an employee to be
insured in the manner and sum required by the comptroller.
(c) The state shall pay any expense incident to the
execution of a bond authorized under Chapter 653 and any insurance
of the chief clerk and other employees.
Added by Acts 1997, 75th Leg., ch. 1035, § 75, eff. Sept. 1,
1997. Amended by Acts 2003, 78th Leg., ch. 285, § 11, eff. Sept.
1, 2003.
Section: 402.045 403.001 403.002 403.003 403.004 403.006 403.007 403.008 403.011 403.0111 403.0115 403.012 403.0121 403.013 403.0131
Last modified: August 11, 2007
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