Texas Government Code 1201.026 – Execution of Public Security or Interest Coupon
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(a) A public security or an interest coupon may be executed, with or without a seal, with a manual or facsimile signature.
(b) The signature on a public security or on an interest coupon of a person who is no longer an officer when the security or coupon is delivered to a purchaser is valid and sufficient for all purposes.
Terms Used In Texas Government Code 1201.026
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Signature: includes the mark of a person unable to write, and "subscribe" includes the making of such a mark. See Texas Government Code 312.011
(c) A person’s successor in office may complete the execution, authentication, or delivery of the public security or interest coupon.