Current as of April 14, 2021 | Updated by FindLaw Staff
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(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 a director's bond.
(c) Each director's bond and constitutional oath of office shall be deposited with the district's depository for safekeeping. (Acts 60th Leg., R.S., Ch. 293, Sec. 6(a) (part).)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1116.053. Bond; Record of Bond and Oath of Office - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1116-053/
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