DecisionDepot
California legal research

Texas Special District Local Laws Code

§ 1055.054 — BOND; RECORD OF BOND AND OATH OR AFFIRMATION

SD § 1055.054Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1055. MARION COUNTY HOSPITAL DISTRICT · Art. B. DISTRICT ADMINISTRATION

Statute text

View on source
(a)Each director shall execute a good and sufficient bond for $1,000 that is:
(1)payable to the district; and
(2)conditioned on the faithful performance of the director's duties.
(b)The district shall pay for the directors' bonds.
(c)Each director's bond and the constitutional oath or affirmation of office shall be deposited with the district's depository bank for safekeeping.

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 § 1055.054 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.