Sec. 1073.054. BOND. (a) The board may require all district officers and employees charged with handling money to furnish a good bond for not less than $5,000 that is:
(1) payable to the district;
(2) conditioned on the faithful performance of the officer's or employee's duties; and
(3) signed by a surety company authorized to do business in this state.
(b) The board may pay for the bond with district money.
(c) The district shall pay the premiums on the bond.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1073 - North Runnels County Hospital District
Subchapter B. District Administration
Section 1073.051. Board Election; Term
Section 1073.052. Notice of Election
Section 1073.053. Qualifications for Office
Section 1073.055. Board Vacancy
Section 1073.057. Compensation; Expenses
Section 1073.058. District Administrator; Assistant Administrator
Section 1073.059. General Duties of District Administrator
Section 1073.060. Appointment, Dismissal, and Recruitment of Staff and Employees