The board may pay the premiums on surety bonds required of officials or employees of the authority out of available funds of the authority, including proceeds from the sale of bonds.
Tex. Loc. Gov't Code § 281.058
SURETY BOND PREMIUMS
Known as the Civic Center Authority Act
The act spans §§ 281.001 to 281.093 (51 sections).
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.