Sec. 264.042. FORM AND PROCEDURE. (a) Revenue bonds must be authorized by a resolution adopted by a majority vote of a quorum of the board. The bonds must: (1) be signed by the president or vice-president of the board; (2) be countersigned by the secretary of the board; and (3) have the seal of the authority impressed or printed on the bonds. (b) Printed facsimile signatures may be substituted for the actual signatures of the president, vice-president, or secretary.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.