Texas Agriculture Code

§ 60.087 — DIRECTOR'S BOND

AG § 60.087Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 60. TEXAS AGRICULTURAL DEVELOPMENT DISTRICTS · Art. D. BOARD OF DIRECTORS

Statute text

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(a)As soon as practicable after a director is appointed or elected, the director shall execute a $10,000 bond payable to the district and conditioned on the faithful performance of the director's duties.

(b)Each director's bond must be approved by the board.

(c)The bond shall be filed with and retained by the district.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. June 16, 2001.