(a) A bond required of an authority director, officer, or employee must be executed by a surety company authorized to do business in this state, as surety on the bond.
(b) The authority shall pay the premium on the bond.
Tex. Spec. Dist. Local Laws Code § 8510.0214
DIRECTOR'S, OFFICER'S, OR EMPLOYEE'S SURETY BOND
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, 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.