Texas Local Government Code

§ 81.025 — COUNTY RISK MANAGEMENT POOL COVERAGE INSTEAD OF BONDS

LG § 81.025Title 3. ORGANIZATION OF COUNTY GOVERNMENT · Part B. COMMISSIONERS COURT AND COUNTY OFFICERS · Ch. 81. COMMISSIONERS COURT · Art. B. DUTIES AND POWERS

Statute text

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(a)Instead of a bond required by law to be executed by a county officer before taking office, the commissioners court may authorize the officer to obtain coverage from a county government risk management pool created under Chapter 119.

(b)Coverage obtained under this section must:

(1)be in an amount that is at least equal to the amount of the bond that would otherwise be required by law;

(2)satisfy all other conditions applicable to the bond; and

(3)be approved, recorded, and filed in the manner required by law for the bond.

(c)An officer who obtains coverage instead of a bond under this section satisfies the bond requirements that are imposed on the individual by other law.

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Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 439 (S.B. 1243), Sec. 1, eff. June 17, 2011.