Tex. Spec. Dist. Local Laws Code § 8513.0207 · Subchapter B. BOARD OF DIRECTORS; ADMINISTRATIVE PROVISIONS
BOND REQUIREMENT FOR DIRECTORS AND OFFICERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 240 (H.B. 2692), Sec. 1, eff. May 29, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8513.htm
- Text hash
- sha256 622c698c0a986890852b5f99c070c988311f4107d8dcffc8f10904801d1de0ce
- 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.