Texas § LG.344.102 - PERFORMANCE BOND
Full text of Texas The Texas Constitution § LG.344.102 — PERFORMANCE BOND, with citation guidance and answers to common questions.
§ LG.344.102. PERFORMANCE BOND
PERFORMANCE BOND. (a) Before assuming the duties of the office, each director or officer must execute a bond for $5,000 payable to the district, conditioned on the faithful performance of the person's duties as director or officer. (b) The bond shall be kept in the permanent records of the district. (c) The board may pay for the bonds of directors or officers with district funds. (d) The board and the district may issue and sell bonds conditioned on the faithful performance of a person's duties as a director as provided by this section. Added by Acts 2001, 77th Leg., ch. 1295, Sec. 1, eff. June 1, 2001.
Frequently Asked Questions About Texas § LG.344.102
What does The Texas Constitution § LG.344.102 cover?
Section LG.344.102 ("PERFORMANCE BOND") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § LG.344.102?
A common citation format is "The Texas Constitution § LG.344.102" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LG.344.102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.