Sec. 1111.055. BOND; RECORD OF BOND AND OATH. (a) Each manager shall execute a good and sufficient bond for $5,000 that is: (1) approved by the board; (2) payable to the district; and (3) conditioned on the faithful performance of the manager's duties. (b) Each manager's bond and constitutional oath of office must be kept in the district's permanent records.
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