Texas Water Code - Section 57.332. Trustees' Bond
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Texas Laws > Water Code > Texas Water Code - Section 57.332. Trustees' Bond
§ 57.332. TRUSTEES' BOND. (a) When the commissioners
court issues the dissolution order under Section 57.330 of this
code, the trustees shall execute jointly a good and sufficient bond
in an amount sufficient to cover the amount of the outstanding bonds
and other debts of the district, payable to and approved by the
county judge, conditioned on the trustees faithfully performing
their duties as trustees and paying money and delivering other
property of the district over which they have control to the persons
entitled to the money or other property.
(b) When the bond is executed, it shall be recorded in the
minutes of the commissioners court. When the bond is approved, it
supersedes the bond the treasurer executed under Section 57.065 of
this code.
Acts 1971, 62nd Leg., p. 110, ch. 58, § 1, eff. Aug. 30, 1971.
Section: 57.325 57.326 57.327 57.328 57.329 57.330 57.331 57.332 57.333 57.334 57.335 57.336 57.337 57.338 57.339
Last modified: August 11, 2007
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