Texas § SD.8513.0207 - BOND REQUIREMENT FOR DIRECTORS AND OFFICERS
Full text of Texas The Texas Constitution § SD.8513.0207 — BOND REQUIREMENT FOR DIRECTORS AND OFFICERS, with citation guidance and answers to common questions.
§ SD.8513.0207. BOND REQUIREMENT FOR DIRECTORS AND OFFICERS
BOND REQUIREMENT FOR DIRECTORS AND OFFICERS. (a) Not later than the 15th day after the date of an election or appointment of a director or officer, the director or officer shall file a good and sufficient bond with the board secretary. (b) The bond must be: (1) in the amount of $5,000; (2) payable to the authority; (3) conditioned on the faithful performance of duties as a director or officer; and (4) subject to approval by the board secretary. Added by Acts 2025, 89th Leg., R.S., Ch. 240 (H.B. 2692 ), Sec. 1, eff. May 29, 2025.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8513.0207
What does The Texas Constitution § SD.8513.0207 cover?
Section SD.8513.0207 ("BOND REQUIREMENT FOR DIRECTORS AND OFFICERS") 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.8513.0207?
A common citation format is "The Texas Constitution § SD.8513.0207" (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.8513.0207 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.