Sec. 1017.055. BOND; RECORD OF BOND

Latest version.

(a) Before assuming the duties of office, each director must execute a bond for $5,000 that is:
(1) payable to the district; and
(2) conditioned on the faithful performance of the director's duties.
(b) The board may pay for a director's bond with district money.
(c) The bond shall be kept in the permanent records of the district.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.

                    
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