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Texas Special District Local Laws Code

§ 1028.055 — BOND

SD § 1028.055Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1028. FOARD COUNTY 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 for $5,000 that is:
(1)payable to the district; and
(2)conditioned on the faithful performance of the director's duties.
(b)The board may pay for a director's bond with district money.
(c)Each director's bond shall be kept in the district's permanent records.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1028.055 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.