Sec. 1073.054. BOND. (a) The board may require all district officers and employees charged with handling money to furnish a good bond for not less than $5,000 that is: (1) payable to the district; (2) conditioned on the faithful performance of the officer's or employee's duties; and (3) signed by a surety company authorized to do business in this state. (b) The board may pay for the bond with district money. (c) The district shall pay the premiums on the bond.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.