Tex. Health & Safety Code § 362.032 · Subchapter C. BONDS
FORM AND PROCEDURE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Bonds under this chapter must be authorized by resolution. The bonds must:
(1) be signed by the presiding officer or assistant presiding officer of the issuer's governing body;
(2) be attested by the secretary of the issuer's governing body; and
(3) have the seal of the issuer impressed, printed, or lithographed on the bonds.
(b) The bonds may have the characteristics and bear the designation determined by the issuer's governing body, except that the designation must include:
(1) the name of each person guaranteeing the contractual obligation of each person leasing or purchasing the system; or
(2) a statement, if applicable, that a group of persons will be leasing or purchasing the system.
(c) The governing body may authorize a required signature to be printed or lithographed on the bonds. The issuer may adopt or use the signature of a person who has been an officer, regardless of whether the person is an officer when the bonds are delivered to a purchaser.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.362.htm
- Text hash
- sha256 5a60e5a6be47c9a7b1dcdaf115dea4a132c7b8f4be79f98a932330846a025acf
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.