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Texas Government Code - GOV'T § 403.008. Bonds and Employees

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The comptroller shall give any special bond required by an Act of Congress or a federal department or official to protect federal funds deposited with the comptroller. The state shall pay the expenses necessary and incidental to the execution of the bond.

(b) The comptroller shall appoint other employees that are authorized by law. The comptroller may require an employee to be insured in the manner and sum required by the comptroller.

(c) The state shall pay any expense incident to the execution of a bond authorized under Chapter 653 and any insurance of the chief clerk and other employees.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 403.008. Bonds and Employees - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-403-008/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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