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Tex. Special District Local Laws Code § 8513.0207

BOND REQUIREMENT FOR DIRECTORS AND OFFICERS

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 8513.0207, BOND REQUIREMENT FOR DIRECTORS AND OFFICERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/619087
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(a) Not later than the 15th day after the date of an election or appointment of a director or officer, the director or officer shall file a good and sufficient bond with the board secretary. (b) The bond must be: (1) in the amount of $5,000; (2) payable to the authority; (3) conditioned on the faithful performance of duties as a director or officer; and (4) subject to approval by the board secretary.