Sec. 3001.054. DIRECTOR'S BOND
- (a) As soon as practicable after a director is appointed, the director shall execute a $10,000 bond payable to the district and conditioned on the faithful performance of the director's duties.
- (b) Each director's bond must be approved by the board.
- (c) The bond shall be filed with and retained by the district.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.