(a) As a qualification for office, a director must execute a bond in an amount determined by the board conditioned on the faithful performance of the director's duties.
(b) The authority shall pay the premiums on the bond.
Tex. Spec. Dist. Local Laws Code § 8511.0206
BOND REQUIREMENT FOR DIRECTORS
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.