Texas § NR.62.132 - FORMAL REQUIREMENTS OF BONDS
Full text of Texas The Texas Constitution § NR.62.132 — FORMAL REQUIREMENTS OF BONDS, with citation guidance and answers to common questions.
§ NR.62.132. FORMAL REQUIREMENTS OF BONDS
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 signature of either or both. (e) The bonds shall display the seal of the board, which may be impressed, printed, or lithographed on the bonds. Acts 1977, 65th Leg., p. 2497, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § NR.62.132
What does The Texas Constitution § NR.62.132 cover?
Section NR.62.132 ("FORMAL REQUIREMENTS OF BONDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § NR.62.132?
A common citation format is "The Texas Constitution § NR.62.132" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § NR.62.132 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.