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Texas Special District Local Laws Code

§ 1058.054 — BOND; RECORD OF BOND AND OATH

SD § 1058.054Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1058. MCCAMEY COUNTY HOSPITAL DISTRICT · Art. B. DISTRICT ADMINISTRATION

Statute text

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(a)Each director shall qualify by executing a good and sufficient commercial 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 a director's bond.
(c)Each director's bond and constitutional oath of office must be deposited with the district's depository bank for safekeeping.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Source: Texas Special District Local Laws Code § 1058.054 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.