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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) If a district is appointed fiscal agent for the United States or if a district is authorized to make collections of money for the United States in connection with a federal reclamation project, each director and officer of the district including the tax assessor and collector shall execute an additional bond in the amount required by the secretary of the interior, conditioned on the faithful discharge of his respective office and on the faithful discharge by the district of its duties as fiscal or other agent of the United States under its appointment or authorization.
(b) The additional bonds shall be approved, recorded, and filed as provided in this chapter for other official bonds.
(c) Suit may be brought on the bonds by the United States or any person injured by the failure of the officer or 1 the district to fully, promptly, and completely perform their respective duties.
Cite this article: FindLaw.com - Texas Water Code - WATER § 51.090. Bonds of Officers of a District Acting as Fiscal Agent or Collecting Money for United States - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-51-090/
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 or via Westlaw before relying on it for your legal needs.
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