Texas Special District Local Laws Code 1051.205 – Execution of General Obligation Bonds
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(a) The board president shall execute the general obligation bonds in the district’s name.
(b) The board secretary shall countersign the bonds in the manner provided by Chapter 618, Government Code.
Terms Used In Texas Special District Local Laws Code 1051.205
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.