Texas Government Code 1205.152 – Statement On Validated Public Security
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(a) The issuer of a public security validated under this chapter may have written on the public security the following certificate:
“This obligation was validated and confirmed by a judgment entered ______________ (date when the judgment was entered; the court entering the judgment; and the style and number of the declaratory judgment action), which perpetually enjoins the commencement of any suit, action, or proceeding involving the validity of this obligation, or the provision made for the payment of the principal and interest of the obligation.”
Terms Used In Texas Government Code 1205.152
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
(b) The clerk, secretary, or other official of the issuer may sign the certificate.