Sec. 8154.053. DIRECTOR'S BOND. (a) Each director shall execute a bond in the amount of $5,000 for the faithful performance of the director's duties.
(b) The bond must be:
(1) approved by:
(A) the board; and
(B) the county judge or the commissioners court of the county in which the district is located;
(2) filed for record in the office of the county clerk of the county in which the district is located;
(3) filed for safekeeping in the district's depository; and
(4) recorded in a record kept for that purpose in the district office.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.10, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8154 - Blue Ridge West Municipal Utility District
Subchapter B. Board of Directors
Section 8154.051. Composition of Board
Section 8154.052. Qualifications for Office
Section 8154.053. Director's Bond
Section 8154.054. Absence of President or Secretary From Board Meeting; Duty of Secretary