GroundRules
Tex. Special District Local Laws Code § 8104.303: FORM OF BONDS; LIABILITY.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE F. MUNICIPAL UTILITY DISTRICTS
- CHAPTER 8104. BAYTOWN AREA WATER AUTHORITY
- SUBCHAPTER G. BONDS AND NOTES
(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.
Collected 2026-08-27T01:47:41Z. Source file · JSON