Sec. 162.037. 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 as if the officer had remained in office until the delivery of the bonds.
Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1.
Structure Texas Statutes
Chapter 162 - Veterans' Housing Assistance Program
Section 162.031. Issuance and Sale of Bonds; Disposition of Proceeds
Section 162.033. Interest Rate
Section 162.034. Payment and Maturity of Bonds
Section 162.035. Form, Denomination, and Place of Payment of Bonds
Section 162.036. Manner of Execution
Section 162.037. Signatures and Seals
Section 162.038. Approval by Attorney General
Section 162.039. Registration With Comptroller
Section 162.040. Validity of Bonds
Section 162.041. Bonds as Negotiable Instruments
Section 162.042. Notice for Bids on Bonds
Section 162.043. Security for Bid
Section 162.044. Sale of Bonds
Section 162.045. Replacement Bonds
Section 162.046. Refunding Bonds
Section 162.047. Bonds as Investments and Security
Section 162.048. Taxation of Bonds
Section 162.049. Payment of Principal and Interest
Section 162.050. Constitutional Appropriations