Education Code › Title 2 › Chapter 45 › Subchapter C

Texas Education Code § 45.057

Guarantee Endorsement

School District Funds · Guaranteed Bonds

(a) The commissioner shall endorse bonds approved for guarantee with:

(1) the commissioner's signature or a facsimile of the commissioner's signature; and

(2) a statement relating the constitutional and statutory authority for the guarantee.

(b) The guarantee is not effective unless the attorney general approves the bonds under Section 45.005 or 53.40, as applicable.

Official text of the Texas Education Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.

Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 59.09, eff. September 28, 2011.

This section refers to

§ 45.005§ 53.40

Sections that refer to this one

§ 45.257