Texas Statutes
§ 62.132 — FORMAL REQUIREMENTS OF BONDS.
Texas § 62.132
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 62.132 (FORMAL REQUIREMENTS OF BONDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Natural Resources Code Code Ann. § 62.132 (2026).
Text
Sec. 62.132. FORMAL REQUIREMENTS OF BONDS.
(a)The bonds may be issued by resolution adopted by the board without the necessity of an election.
(b)The bonds may be issued in the name of the board in one or more installments or series and shall mature serially or otherwise within 40 years from their date or dates.
(c)The bonds shall be issued on the terms and conditions, with regard to the security, manner, place, and time of payment, pledge of designated revenue, redemption before maturity, and the issuance of additional parity or junior lien bonds, that the board specifies in the resolution or resolutions authorizing the bonds.
(d)The bonds shall be executed by the chairman and secretary of the board and shall be signed by the chairman and secretary or shall bear the facsimile signatur
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Legislative History
Acts 1977, 65th Leg., p. 2497, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Nearby Sections
15
§ 62.001
APPLICABILITY.§ 62.002
DEFINITION.§ 62.011
PURPOSE AND AUTHORITY.§ 62.012
METHOD OF CREATING BOARD.§ 62.013
ELECTION.§ 62.041
MEMBERS OF BOARD.§ 62.042
TERM OF OFFICE.§ 62.043
OATH AND BOND.§ 62.044
COMPENSATION; EXPENSES.§ 62.045
VACANCY.§ 62.046
OFFICERS OF BOARD.§ 62.047
PARK MANAGER.§ 62.048
LEGAL SERVICES.§ 62.049
EMPLOYEES OF BOARD.§ 62.050
MEETINGS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 62.132, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/62.132.