Sec. 161.117. SIGNATURES AND SEALS. (a) The resolution authorizing the issuance of an installment or series of bonds may prescribe the extent to which facsimile signatures and facsimile seals may be used in lieu of manual signatures and manually impressed seals in executing the bonds and attached coupons.
(b) Interest coupons may be signed with the facsimile signatures of the chairman and secretary of the board.
(c) If an officer whose manual or facsimile signature appears on a bond, or whose facsimile signature appears on a coupon, ceases to be an officer before the bonds are delivered, the signature shall still be valid and sufficient for all purposes the same as if the officer had remained in office until the delivery of the bonds.
Acts 1977, 65th Leg., p. 2660, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Chapter 161 - Veterans Land Board
Subchapter D. General Obligation Bonds
Section 161.111. Issuance and Sale of Bonds; Disposition of Proceeds
Section 161.113. Interest Rate
Section 161.114. Payment and Maturity of Bonds
Section 161.115. Form, Denomination, and Place of Payment of Bonds
Section 161.116. Manner of Execution
Section 161.117. Signatures and Seals
Section 161.118. Approval by Attorney General
Section 161.119. Registration With Comptroller
Section 161.120. Validity of Bonds
Section 161.121. Bonds as Negotiable Instruments
Section 161.123. Notice for Bids on Bonds
Section 161.124. Security for Bid
Section 161.125. Sale of Bonds
Section 161.126. Replacement Bonds
Section 161.127. Refunding Bonds
Section 161.128. Bonds as Investments and Security
Section 161.129. Taxation of Bonds
Section 161.130. Constitutional Appropriations