Texas Agriculture Code

§ 41.054 — OFFICERS; BOND

AG § 41.054Title 3. AGRICULTURAL RESEARCH AND PROMOTION · Ch. 41. COMMODITY PRODUCERS BOARDS · Art. D. ORGANIZATION, POWERS, AND DUTIES OF BOARDS

Statute text

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(a)The board shall elect from its number a chairman, a secretary-treasurer, and other officers that it considers necessary.

(b)The secretary-treasurer shall execute a corporate surety bond in an amount required by the board. The bond shall be conditioned on the secretary-treasurer faithfully accounting for all money that comes into the custody of the officer. The bond shall be filed with the commissioner.

Legislative history

Acts 1981, 67th Leg., p. 1087, ch. 388, Sec. 1, eff. Sept. 1, 1981.