Texas Statutes
Subchapter G. Bonds and Notes
Section 8104.303. Form of Bonds; Liability

Sec. 8104.303. FORM OF BONDS; LIABILITY. (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.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.06, eff. April 1, 2007.

Structure Texas Statutes