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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The resolution authorizing the issuance of an installment or series of bonds may prescribe the extent to which facsimile signatures and facsimile seals may be used in lieu of manual signatures and manually impressed seals in executing the bonds and attached coupons.
(b) Interest coupons may be signed with the facsimile signatures of the chairman and secretary of the board.
(c) If an officer whose manual or facsimile signature appears on a bond or whose facsimile signature appears on a coupon ceases to be an officer before the bonds are delivered, the signature shall still be valid and sufficient for all purposes as if the officer had remained in office until the delivery of the bonds.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 162.037. Signatures and Seals - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-162-037/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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