Texas Special District Local Laws Code
§ 1059.054 — BOND; RECORD OF BOND
SD § 1059.054Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1059. MCCULLOCH COUNTY HOSPITAL DISTRICT · Art. B. DISTRICT ADMINISTRATION
Statute text
View on source(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)Each director's bond shall be kept in the district's permanent records.
(c)The director shall obtain the bond from an insurer authorized to engage in business in this state.
Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.