Texas Transportation Code - Section 257.118. Issuance Of Bonds
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§ 257.118. ISSUANCE OF BONDS. (a) Bonds issued by a road
district under this subchapter shall be:
(1) issued in the name of the road district;
(2) signed by the county judge of each county included
in whole or part in the district; and
(3) countersigned by the clerk of each of those
counties.
(b) The seal of the commissioners court of each county
included in whole or part in the district must be impressed on the
bonds.
(c) The bonds must be attested by the treasurer or
depository of the district.
(d) As nearly as practicable, the bonds shall be issued in
the form used for the issuance of county bonds, except as provided
by this section.
Acts 1995, 74th Leg., ch. 165, § 1, eff. Sept. 1, 1995.
Section: 257.111 257.112 257.113 257.114 257.115 257.116 257.117 257.118 257.119 257.120 257.121 257.122 257.123 257.124 257.901
Last modified: August 10, 2007
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