1. (a) The bonds shall be executed by and on behalf of the board and the state as obligations of the state in the manner provided in Subsection (b) of this section.
2. (b) The bonds shall be signed and executed as the board provides in the resolution or order authorizing the issuance of the bonds.

Acts 1977, 65th Leg., p. 2659, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Amended by Acts 1993, 73rd Leg., ch. 242, Sec. 1.07, eff. Aug. 30, 1993;

Acts 1993, 73rd Leg., ch. 300, Sec. 36, eff. Aug. 30, 1993;

Acts 2001, 77th Leg., ch. 620, Sec. 1, eff. Sept. 1, 2001.