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

Tex. Transportation Code § 283.205: TRUST INDENTURE PERMITTED.

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Where this section sits in the code
  1. TRANSPORTATION CODE
  2. TITLE 6. ROADWAYS
  3. SUBTITLE D. ROAD LAWS RELATING TO PARTICULAR COUNTIES
  4. CHAPTER 283. CAUSEWAYS, BRIDGES, AND TUNNELS IN CERTAIN COUNTIES
  5. SUBCHAPTER C. PROVISIONS RELATING TO BONDS

(a) A bond authorized by this chapter may be secured by a trust indenture between the county and a corporate trustee that is a trust company or bank with the powers of a trust company.

(b) A trust indenture may pledge or assign revenues.

(c) A trust indenture may not convey or mortgage all or part of the project.

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Collected 2026-08-27T01:47:44Z. Source file · JSON

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