Tex. Special District Local Laws Code § 8101.255: TRUST INDENTURE.

The trust indenture may contain provisions prescribed by the board that:

(1) provide for the security of the bonds and the operation and preservation of the trust estate;

(2) provide for amendment or modification of the trust indenture;

(3) provide for the issuance of bonds to replace lost or mutilated bonds; and

(4) condition the right to spend authority money or sell authority property on the approval of a licensed engineer selected as provided by the trust indenture.

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.