Texas § LG.281.024 - BOND
Full text of Texas The Texas Constitution § LG.281.024 — BOND, with citation guidance and answers to common questions.
§ LG.281.024. BOND
BOND; OATHS OF OFFICE. (a) As soon as practicable after a director is appointed, the director shall execute a bond that is: (1) in the amount of $5,000; (2) payable to the authority; and (3) conditioned that the director will faithfully perform the director's duties. (b) Each director shall take the oath of office prescribed by the constitution and a written oath that the director will not have an interest, directly or indirectly, in a contract with, or claim against, the authority except for a contract or claim expressly authorized by law or a warrant issued to the director as a fee of office. (c) After a petition for the creation of an authority is granted, the first members of the board must execute their bonds and take the oaths. After the bonds are executed and the oaths are taken, the board shall meet and organize. (d) The bond of a director on the first board must be approved by the county judge. The bond of a subsequent director must be approved by the board. (e) The bond and oaths required by this section must be filed with the authority and the authority shall keep the bond and oaths in its records. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Frequently Asked Questions About Texas § LG.281.024
What does The Texas Constitution § LG.281.024 cover?
Section LG.281.024 ("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.281.024?
A common citation format is "The Texas Constitution § LG.281.024" (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.281.024 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.