Sec. 1116.053. BOND; RECORD OF BOND AND OATH OF OFFICE. (a) Each director shall qualify for office by executing a good and sufficient commercial bond for $1,000 that is:
(1) payable to the district; and
(2) conditioned on the faithful performance of the director's duties.
(b) The district shall pay for a director's bond.
(c) Each director's bond and constitutional oath of office shall be deposited with the district's depository for safekeeping.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.
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