Sec. 3001.054. DIRECTOR'S BOND. (a) As soon as practicable after a director is appointed, the director shall execute a $10,000 bond payable to the district and conditioned on the faithful performance of the director's duties.
(b) Each director's bond must be approved by the board.
(c) The bond shall be filed with and retained by the district.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Chapter 3001 - Southeast Texas Agricultural Development District
Subchapter B. Board of Directors
Section 3001.051. Board of Directors
Section 3001.052. Qualifications
Section 3001.054. Director's Bond
Section 3001.055. Removal; Vacancy