Texas § 8513.0207 BOND REQUIREMENT FOR DIRECTORS AND OFFICERS.

Texas Statutes

§ 8513.0207 — BOND REQUIREMENT FOR DIRECTORS AND OFFICERS.

Texas § 8513.0207

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 8513.0207 (2026).

Text

Sec. 8513.0207. BOND REQUIREMENT FOR DIRECTORS AND OFFICERS.

(a)Not later than the 15th day after the date of an election or appointment of a director or officer, the director or officer shall file a good and sufficient bond with the board secretary.

(b)The bond must be:

(1)in the amount of $5,000;

(2)payable to the authority;

(3)conditioned on the faithful performance of duties as a director or officer; and

(4)subject to approval by the board secretary.

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Sec. 8513.0207. BOND REQUIREMENT FOR DIRECTORS AND OFFICERS. (a) Not later than the 15th day after the date of an election or appointment of a director or officer, the director or officer shall file a good and sufficient bond with the board secretary.
(b) The bond must be:
(1) in the amount of $5,000;
(2) payable to the authority;
(3) conditioned on the faithful performance of duties as a director or officer; and
(4) subject to approval by the board secretary.