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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 11005.263: LIMITATION ON RIGHTS OF BONDHOLDERS.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 6. WATER AND WASTEWATER
  3. SUBTITLE X. DISTRICTS WITH COMBINED POWERS
  4. CHAPTER 11005. MUENSTER WATER DISTRICT
  5. SUBCHAPTER F. BONDS

The resolution authorizing the bonds or the trust indenture securing the bonds may limit or qualify the rights of the holders of less than all of the outstanding bonds payable from the same source to institute or prosecute litigation affecting the district's property or income.

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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