1201.026 – EXECUTION OF PUBLIC SECURITY OR INTEREST COUPON.
Texas Government Code § 1201.026
Summary
This law outlines the execution process for public securities and interest coupons, allowing for signatures without a seal. It ensures that signatures from former officers remain valid and allows successors to complete necessary actions related to these securities.
Allows manual or facsimile signatures on public securities.
Former officers' signatures remain valid upon delivery.
Successors can complete execution and delivery tasks.
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In simple terms: Learn about Texas's EXECUTION OF PUBLIC SECURITY OR INTEREST COUPON. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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