Texas Special District Local Laws Code § 1075.055 Bond; Record Of Bond And Oath

Sec. 1075.055. BOND; RECORD OF BOND AND OATH. (a) Each director shall execute a good and sufficient bond for $1,000 that is:

(1) payable to the district; and

(2) conditioned on the faithful performance of the director's duties.

(b) Each director's bond and constitutional oath of office shall be deposited with the district's depository bank for safekeeping.

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.

Section: Previous  1075.004  1075.005  1075.006  1075.051  1075.052  1075.053  1075.054  1075.055  1075.056  1075.057  1075.058  1075.059  1075.060  1075.061  1075.062  Next

Last modified: September 28, 2016