Texas Special District Local Laws Code 1085.204 – Execution of General Obligation Bonds
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Terms Used In Texas Special District Local Laws Code 1085.204
- 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.
The board president shall execute the general obligation bonds in the district’s name and the board secretary shall attest the bonds as provided by Chapter 618, Government Code.