Sec. 164.012. RESOLUTIONS. (a) The resolution authorizing the issuance of the bonds may prohibit the further issuance of bonds or other obligations payable from the pledged revenues or may reserve the right to issue additional bonds to be secured by a pledge of and payable from the revenue on a parity with or subordinate to the lien and pledge in support of the bonds being issued.
(b) The resolution of the board authorizing the issuance of the bonds may include other provisions and covenants that the board determines necessary.
(c) In a resolution authorizing the issuance of bonds, the board may prescribe systems, methods, routines, and procedures under which the board will function.
(d) The board may adopt and have executed any other proceedings or instruments necessary or convenient in the issuance of bonds.
Added by Acts 1993, 73rd Leg., ch. 242, Sec. 3.01, eff. Aug. 30, 1993.
Structure Texas Statutes
Chapter 164 - Veterans' Financial Assistance Program
Section 164.001. Purpose and Policy
Section 164.003. Financial Assistance Programs
Section 164.005. Rights and Powers of Board
Section 164.0051. Location of Veterans Homes
Section 164.006. Issuance of Bonds
Section 164.007. Conditions for Issuance of Bonds
Section 164.008. Form of Bonds
Section 164.009. Security for the Bonds
Section 164.010. Bond Enhancement Agreements
Section 164.013. Investment Securities
Section 164.014. Approval of the Attorney General
Section 164.015. Refunding Bonds
Section 164.016. Bonds as Investments and Security
Section 164.018. No Pledge of State Faith and Credit; Covenant With Owners of Bonds