Sec. 41.054. OFFICERS; BOND. (a) The board shall elect from its number a chairman, a secretary-treasurer, and other officers that it considers necessary.
(b) The secretary-treasurer shall execute a corporate surety bond in an amount required by the board. The bond shall be conditioned on the secretary-treasurer faithfully accounting for all money that comes into the custody of the officer. The bond shall be filed with the commissioner.
Acts 1981, 67th Leg., p. 1087, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Structure Texas Statutes
Title 3 - Agricultural Research and Promotion
Chapter 41 - Commodity Producers Boards
Subchapter D. Organization, Powers, and Duties of Boards
Section 41.051. Board Established
Section 41.053. Organizational Meeting; Terms of Office
Section 41.054. Officers; Bond
Section 41.056. Majority Vote Requirement
Section 41.058. Powers and Duties
Section 41.059. Budget; Annual Report; Audits