Texas Statutes (Last Updated: January 4, 2014) |
HEALTH AND SAFETY CODE |
Title 4. HEALTH FACILITIES |
Subtitle C. LOCAL HOSPITALS |
Chapter 262. MUNICIPAL HOSPITAL AUTHORITIES |
Subchapter D. BONDS |
Sec. 262.042. FORM AND PROCEDURE
Latest version.
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(a) Revenue bonds must be authorized by a resolution adopted by a majority vote of a quorum of the board. The bonds must:
(1) be signed by the president or vice-president of the board;
(2) be countersigned by the secretary of the board; and
(3) have the seal of the authority impressed or printed on the bonds.
(b) Printed facsimile signatures may be substituted for the actual signatures of the president, vice-president, or secretary.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.