Tex. Spec. Dist. Local Laws Code § 11006.105

BOND

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff

Each director shall execute a good and sufficient bond for $5,000 that is:

(1) payable to the authority; and

(2) conditioned on the faithful performance of the director's duties.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.