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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Each director shall qualify for office by executing a good and sufficient commercial 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.
(c) Each director's bond and constitutional oath or affirmation of office shall be deposited in the district depository for safekeeping.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1007.054. Bond; Record of Bond and Oath or Affirmation of Office - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1007-054/
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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