Sec. 281.058. SURETY BOND PREMIUMS. The board may pay the premiums on surety bonds required of officials or employees of the authority out of available funds of the authority, including proceeds from the sale of bonds. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Surety Bond Premiums
Tex. Local Government Code § 281.058, under Chapter 281.
Tex. Local Government Code § 281.058