Sec. 254.056. SIGNATURES; SEAL. (a) An obligation issued by a municipality under this chapter must be:
(1) signed by the mayor or the presiding officer of the municipality;
(2) countersigned by the municipality's secretary or clerk; and
(3) impressed with the seal of the municipality.
(b) An obligation authorized by the board under this chapter must be:
(1) signed by the presiding officer of the board;
(2) countersigned by the secretary or assistant secretary; and
(3) impressed with the seal of the board.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 8 - Acquisition, Sale, or Lease of Property
Subtitle A - Municipal Acquisition, Sale, or Lease of Property
Chapter 254 - Acquisition and Development of Island Property
Section 254.051. Authority of Municipality to Issue Obligations
Section 254.053. Authority of Board to Issue Obligations
Section 254.054. Limitation on Aggregate Amount of Expense Notes
Section 254.055. Maturity of Obligation
Section 254.056. Signatures; Seal
Section 254.057. Sale of Obligations
Section 254.058. Contents of Ordinance or Resolution
Section 254.059. Review and Approval of Contracts Relating to Revenue Obligations
Section 254.060. Security for and Payment of Obligations Payable From Revenue
Section 254.061. Use of Certain Proceeds