Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) A director shall give bond in the amount of $5,000 for the faithful performance of the director's duties.
(b) The treasurer shall give bond in the amount required by the board. The treasurer's bond shall be conditioned on the treasurer's faithfully accounting for all money that comes into the treasurer's custody as treasurer.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 9011.107. Director's and Treasurer's Bond - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-9011-107.html
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