Tex. Loc. Gov't Code § 344.102 · Subchapter C. ADMINISTRATION
PERFORMANCE BOND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Before assuming the duties of the office, each director or officer must execute a bond for $5,000 payable to the district, conditioned on the faithful performance of the person's duties as director or officer.
(b) The bond shall be kept in the permanent records of the district.
(c) The board may pay for the bonds of directors or officers with district funds.
(d) The board and the district may issue and sell bonds conditioned on the faithful performance of a person's duties as a director as provided by this section.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1295, Sec. 1, eff. June 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.344.htm
- Text hash
- sha256 0bf82a15f7861757329a472e3e72bfafb50d1e4ca2156b6d2c54ee8c2c664afc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.