Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 3. ORGANIZATION OF COUNTY GOVERNMENT |
Subtitle B. COMMISSIONERS COURT AND COUNTY OFFICERS |
Chapter 81. COMMISSIONERS COURT |
Subchapter B. DUTIES AND POWERS |
Sec. 81.025. COUNTY RISK MANAGEMENT POOL COVERAGE INSTEAD OF BONDS
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(a) Instead of a bond required by law to be executed by a county officer before taking office, the commissioners court may authorize the officer to obtain coverage from a county government risk management pool created under Chapter 119.
(b) Coverage obtained under this section must:
(1) be in an amount that is at least equal to the amount of the bond that would otherwise be required by law;
(2) satisfy all other conditions applicable to the bond; and
(3) be approved, recorded, and filed in the manner required by law for the bond.
(c) An officer who obtains coverage instead of a bond under this section satisfies the bond requirements that are imposed on the individual by other law.
(d) To the extent of a conflict between this section and other law, this section controls.
(e) This section does not apply to coverage obtained under Section 43.002 or 44.002, Government Code.