Texas Special District Local Laws Code § 8154.053 Director's Bond

Sec. 8154.053. DIRECTOR'S BOND. (a) Each director shall execute a bond in the amount of $5,000 for the faithful performance of the director's duties.

(b) The bond must be:

(1) approved by:

(A) the board; and

(B) the county judge or the commissioners court of the county in which the district is located;

(2) filed for record in the office of the county clerk of the county in which the district is located;

(3) filed for safekeeping in the district's depository; and

(4) recorded in a record kept for that purpose in the district office.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.10, eff. April 1, 2009.

Section: Previous  8154.001  8154.002  8154.003  8154.004  8154.051  8154.052  8154.053  8154.054  8154.101  8154.102  8154.103  8154.104  8154.105  8154.106  8154.151  Next

Last modified: September 28, 2016