Texas § TN.366.253 - SURETY BONDS
Full text of Texas The Texas Constitution § TN.366.253 — SURETY BONDS, with citation guidance and answers to common questions.
§ TN.366.253. SURETY BONDS
SURETY BONDS. (a) Before beginning a term, each director shall execute a surety bond in the amount of $25,000, and the secretary and treasurer shall execute a surety bond in the amount of $50,000. (b) Each surety bond must be: (1) conditioned on the faithful performance of the duties of office; (2) executed by a surety company authorized to transact business in this state; and (3) filed with the secretary of state's office. (c) The authority shall pay the expense of the bonds. Added by Acts 1997, 75th Leg., ch. 1171, Sec. 7.24, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § TN.366.253
What does The Texas Constitution § TN.366.253 cover?
Section TN.366.253 ("SURETY BONDS") 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 § TN.366.253?
A common citation format is "The Texas Constitution § TN.366.253" (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 § TN.366.253 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.