Texas Special District Local Laws Code 1120.054 – Director’s Bond
Current as of: 2024 | Check for updates
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(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.