Texas Special District Local Laws Code § 1093.053 Bond

Sec. 1093.053. BOND. (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) The district shall pay for the directors' bonds.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Section: Previous  1093.003  1093.004  1093.005  1093.006  1093.007  1093.051  1093.052  1093.053  1093.054  1093.055  1093.056  1093.057  1093.058  1093.059  1093.060  Next

Last modified: September 28, 2016