Tex. Spec. Dists. Code § 8511.0215

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 8511.0215 - Directors' and Employees' Fidelity Bonds

(a) The executive director, the treasurer, and each of the authority's officers, agents, or employees who is charged with the collection, custody, or payment of authority money shall execute a fidelity bond.

(b) The board must approve the bond's form, amount, and surety.

(c) The authority shall pay the premiums on the bond.

Tex. Spec. Dist. Loc. Laws § 8511.0215

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 914,Sec. 1.03, eff. 4/1/2023.