(a) Revenue bonds must be authorized by a resolution adopted by a majority vote of a quorum of the board. The bonds must:
- (1) be signed by the president or vice-president of the board;
- (2) be countersigned by the secretary of the board; and
- (3) have the seal of the authority impressed or printed on the bonds.
- (b) Printed facsimile signatures may be substituted for the actual signatures of the president, vice-president, or secretary.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.