1. (a) The board by resolution may provide for the issuance of negotiable bonds as authorized by the Texas Constitution.
2. (b) The bonds shall be on a parity and shall be called Texas Housing Bonds.

3. (c) The board:

   1. (1) may issue the bonds in one or several installments; and
   2. (2) shall date the bonds of each issue.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.