Texas § SD.8504.054 - OATH AND BOND REQUIREMENT FOR DIRECTORS
Full text of Texas The Texas Constitution § SD.8504.054 — OATH AND BOND REQUIREMENT FOR DIRECTORS, with citation guidance and answers to common questions.
§ SD.8504.054. OATH AND BOND REQUIREMENT FOR DIRECTORS
OATH AND BOND REQUIREMENT FOR DIRECTORS. (a) A director shall, within 15 days after the date of appointment, qualify by taking the constitutional oath of office and by filing a good and sufficient bond with the secretary of state. (b) The bond is subject to approval by the secretary of state and must: (1) be in the amount of $5,000; (2) be payable to the authority; and (3) be conditioned on the faithful performance of the duties as a director. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026 ), Sec. 1.04, eff. April 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8504.054
What does The Texas Constitution § SD.8504.054 cover?
Section SD.8504.054 ("OATH AND BOND REQUIREMENT FOR DIRECTORS") 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 § SD.8504.054?
A common citation format is "The Texas Constitution § SD.8504.054" (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 § SD.8504.054 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.