Bond Requirement For Directors

Tex. Special District Local Laws Code § 8511.0206, under Chapter 8511.

Tex. Special District Local Laws Code § 8511.0206

Sec. 8511.0206. BOND REQUIREMENT FOR DIRECTORS. (a) As a qualification for office, a director must execute a bond in an amount determined by the board conditioned on the faithful performance of the director's duties. (b) The authority shall pay the premiums on the bond. Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.