Tex. Spec. Dist. Local Laws Code § 8104.303 · Subchapter G. BONDS AND NOTES
FORM OF BONDS; LIABILITY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Bonds or notes, including a coupon attached to a bond or note, issued under this chapter shall:
(1) be signed by the board's president or vice president; and
(2) be attested by the board's secretary.
(b) A director, a board officer, or a person who executes a bond, note, or coupon for the authority is not liable personally on the bond, note, or coupon by participating in its issuance.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.06, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8104.htm
- Text hash
- sha256 e05b8e887f8fcaf4f800bfa97ba3b11734234189a8266f0da5caefc98ed9b0bc
- 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.