The Laws of Texas, 1934-1935 [Volume 29] Page: 360 of 2,086
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106 GENERAL AND SPECIAL LAWS.
"Article 4368. The State Treasurer shall, within twenty
(20) days after he shall have received notice of his election,
and before he enters upon the duties of his office, give a bond
payable to and to be approved by the Governor, in the sum
of Seventy Thousand Dollars ($70,000.00) with a good and solvent
surety company authorized to do business in this State,
conditioned that he will faithfully execute the duties of his
office. All expense necessary and incident to the execution
of such bond shall be paid by the State by appropriation. In
addition to the above the State Treasurer shall make and enter
into any special bond as may be required by an Act of Congress
or by any Federal department or official to protect any
and all Federal funds which shall have been secured or which
may hereafter be received by the State of Texas from the Federal
Government and deposited with the State Treasurer. Said
bond shall be in such sum and conditioned and approved as,
may be prescribed by the Act of Congress or such department
or official aforesaid. Said bond shall be a special bond,
and shall be in addition to the official bond hereinabove required,
and each of said bonds shall be separate and distinct
contracts and obligations, and the liability under each of said
bonds shall be separate and distinct obligations. All expense
necessary and incident to the execution of such special bond
shall be paid as in the Act of Congress may be provided or by
appropriation made by the Legislature of Texas for such
purposes."
SEC. 2. That, whereas, the State of Texas has received Federal
funds and will receive additional Federal funds to be expended
as public money within the State of Texas, and no provision
of law exists at this time providing for the execution of
a bond by the State Treasurer for the protection of such funds,
creates an emergency and an imperative public necessity requiring
that the Constitutional Rule which requires that bills
be read in each House on three separate days be suspended, and
that this Act shall take effect and be in force from and after
its passage and approval, and it is so enacted.
[NOTE.-H. B. No. 84 passed the House, September 20, 1934,
by a vote of 121 yeas, 0 nays; passed the Senate, September 25,.
1934, by a vote of 27 yeas, 0 nays.]
Approved September 26, 1934.
Effective September 26, 1934.
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1934-1935 [Volume 29], book, 1935; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth17292/m1/360/: accessed May 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .