Sec. 8508.0255. FORM OF OBLIGATIONS. Authority obligations must:
(1) be in the form prescribed by the board;
(2) be issued in the authority's name;
(3) be signed by the presiding officer or a vice president;
(4) be attested by the secretary; and
(5) bear the authority seal.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle G - River Authorities
Chapter 8508 - Sulphur River Basin Authority
Subchapter F. Obligations Relating to Borrowed Money or Grants
Section 8508.0251. Loans and Grants
Section 8508.0253. Power to Issue Bonds or Other Obligations
Section 8508.0254. Refunding Bonds
Section 8508.0255. Form of Obligations
Section 8508.0257. Trust Indenture
Section 8508.0258. Additional Obligations
Section 8508.0259. Additional Provisions in Resolution Authorizing Obligations or Trust Indenture