Sec. 8104.303. FORM OF BONDS; LIABILITY  


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  • (a) Bonds or notes, including a coupon attached to a bond or note, issued under this chapter shall:

    (1) be signed by the board's president or vice president; and

    (2) be attested by the board's secretary.

    (b) A director, a board officer, or a person who executes a bond, note, or coupon for the authority is not liable personally on the bond, note, or coupon by participating in its issuance.

Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.06, eff. April 1, 2007.