1007.054 – BOND; RECORD OF BOND AND OATH OR AFFIRMATION OF
Texas Special District Local Laws Code § 1007.054
Summary
This law requires each director of a special district to secure a $1,000 commercial bond to ensure they perform their duties faithfully. The district is responsible for covering the cost of these bonds, which must be recorded along with the director's oath of office.
Directors must secure a $1,000 commercial bond.
The district pays for the bonds of its directors.
Bonds must be recorded with the director's oath of office.
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In simple terms: Learn about Texas's BOND; RECORD OF BOND AND OATH OR AFFIRMATION OF law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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