Sec. 8510.0205.  OATH AND BOND REQUIREMENT FOR DIRECTORS.  (a)  Not later than the 15th day after the date of appointment, a director shall qualify by:
(1)  taking the constitutional oath of office; and
(2)  filing a good and sufficient bond with the secretary of state and obtaining the secretary of state's approval on the bond.
(b)  The bond must be:
(1)  in the amount of $5,000;
(2)  payable to the authority; and
(3)  conditioned on the faithful performance of duties as a director.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.