Sec. 61.079. DISTRICT TREASURER'S BOND. (a) Before receiving the proceeds of any district bonds and before receiving any district funds from any source, the district treasurer shall execute a good and sufficient bond payable to the commission for the benefit of the district. The bond shall be in an amount fixed and approved by the commission.
(b) The bond shall be conditioned on the district treasurer's faithfully executing the duties of his office, paying over all money that comes into his hands as the treasurer, and rendering a just account to the commissioners court or the commission when required to do so.
(c) The bond required by this section shall remain in full force and effect as long as any funds belonging to the district are in the possession or under the control of the treasurer.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 61 - Article Iii, Section 52, Navigation Districts
Subchapter C. Administrative Provisions
Section 61.071. Appointment of Commissioners
Section 61.072. Organization: Quorum
Section 61.073. Qualifications
Section 61.074. Term of Office, Removal, and Succession
Section 61.075. Commissioner's Oath
Section 61.076. Commissioner's Bond
Section 61.077. Commissioners' Compensation
Section 61.078. District Treasurer
Section 61.079. District Treasurer's Bond
Section 61.080. District Treasurer's Compensation