Tex. Spec. Dist. Code § 1118.053 – Bond; Record of Bond and Oath or Affirmation of Office

(a) Each director shall qualify for office by executing a good and sufficient commercial bond for $1,000 that is:
1. (1) payable to the district; and
2. (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 or affirmation of office shall be deposited with the district's depository for safekeeping.
Redesignated from Special District Local Laws Code, Section 1072.053 by Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 27.001(53), eff. September 1, 2011.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.