Sec. 8834.064. BOND FOR EMPLOYEE RESPONSIBLE FOR MONEY. (a) The board shall require an employee who collects, pays, or handles district money to provide a good and sufficient bond that is:
(1) in an amount sufficient to safeguard the district;
(2) payable to the district; and
(3) conditioned on:
(A) the faithful performance of the employee's duties; and
(B) accounting for all district money and property under the employee's control.
(b) The district shall pay for the bond.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.05, eff. April 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle H - Districts Governing Groundwater
Chapter 8834 - Fort Bend Subsidence District
Subchapter B. District Administration
Section 8834.052. Board Powers and Duties
Section 8834.053. Official Board Actions
Section 8834.054. Director's Bond
Section 8834.057. Applicability of Open Meetings Law
Section 8834.058. Compensation and Reimbursement of Directors
Section 8834.060. District Policies
Section 8834.061. General Manager
Section 8834.064. Bond for Employee Responsible for Money
Section 8834.065. District Office