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Texas Special District Local Laws Code - Section 1004.054. Director's Bond

Legal Research Home > Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Section 1004.054. Director's Bond

§ 1004.054. DIRECTOR'S BOND. (a) Before assuming the duties of office, each director must execute a bond in the amount of $5,000 payable to the district and conditioned on the faithful performance of the director's duties. (b) The bond shall be kept in the permanent records of the district. (c) The board may pay for a director's bond with district money. Added by Acts 2005, 79th Leg., ch. 729, § 1.01, eff. April 1, 2007.

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Last modified: August 10, 2007