1008.255 – EXECUTION OF GENERAL OBLIGATION BONDS. (a) The
Texas Special District Local Laws Code § 1008.255
Summary
This law outlines the procedure for executing general obligation bonds for a district. It specifies that the board president must sign the bonds, and the board secretary must countersign them according to established government code procedures.
Board president executes general obligation bonds.
Board secretary must countersign the bonds.
Follows procedures outlined in Chapter 618, Government Code.
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In simple terms: Learn about Texas's EXECUTION OF GENERAL OBLIGATION BONDS. (a) The 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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