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Texas Special District Local Laws Code

§ 1004.054 — DIRECTOR'S BOND

SD § 1004.054Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1004. BALLINGER MEMORIAL HOSPITAL DISTRICT · Art. B. DISTRICT ADMINISTRATION

Statute text

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(a)Before assuming the duties of office, each director must execute a bond in the amount of $5,000 payable to the district and conditioned on the faithful performance of the director's duties.
(b)The bond shall be kept in the permanent records of the district.
(c)The board may pay for a director's bond with district money.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.

Source: Texas Special District Local Laws Code § 1004.054 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.