Texas § 8508.0063 DIRECTORS' AND EMPLOYEES' FIDELITY BONDS.

Texas Statutes

§ 8508.0063 — DIRECTORS' AND EMPLOYEES' FIDELITY BONDS.

Texas § 8508.0063

Code SDSpecial District Local Laws Code

This text of Texas § 8508.0063 (DIRECTORS' AND EMPLOYEES' FIDELITY BONDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Special District Local Laws Code Code Ann. § 8508.0063 (2026).

Text

Sec. 8508.0063. DIRECTORS' AND EMPLOYEES' FIDELITY BONDS.

(a)The executive director, the treasurer, and any other officer, agent, or employee of the authority who has responsibilities that involve the collection, custody, or payment of authority money shall execute a fidelity bond.

(b)The board must approve the form, amount, and surety of the bond.

(c)The authority shall pay the premiums on the bonds required under this chapter.

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Sec. 8508.0063. DIRECTORS' AND EMPLOYEES' FIDELITY BONDS. (a) The executive director, the treasurer, and any other officer, agent, or employee of the authority who has responsibilities that involve the collection, custody, or payment of authority money shall execute a fidelity bond.
(b) The board must approve the form, amount, and surety of the bond.
(c) The authority shall pay the premiums on the bonds required under this chapter.