OATH AND BOND REQUIREMENT FOR DIRECTOR.

Tex. SPEC. DIST. LOCAL LAWS Code § 8501.104.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(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 $1,000; (2) be payable to the authority; and (3) be conditioned on the faithful performance of the duties as a director.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements