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Texas Education Code - Section 45.057. Guarantee Endorsement

Legal Research Home > Texas Lawyer > Education Code > Texas Education Code - Section 45.057. Guarantee Endorsement

§ 45.057. GUARANTEE ENDORSEMENT. (a) The commissioner shall endorse bonds approved for guarantee with: (1) the commissioner's signature or a facsimile of the commissioner's signature; and (2) a statement relating the constitutional and statutory authority for the guarantee. (b) The guarantee is not effective unless the attorney general approves the bonds under Section 45.005. Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.

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Last modified: August 10, 2007