{"data":{"id":"us-tx/tex.-special-district-local-laws-code-9045.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 9045.203","heading":"TRUST INDENTURE.","body":"A trust indenture created under Section 9045.202, regardless of the existence of a deed of trust or mortgage lien on the property, may:\n(1) contain provisions prescribed by the board for the security of the bonds and the preservation of the trust estate;\n(2) provide for amendment or modification of the trust indenture;\n(3) provide for the issuance of bonds to replace lost or mutilated bonds;\n(4) condition the right to spend district money or sell district property on the approval of a licensed engineer selected as provided by the trust indenture; and\n(5) provide for the investment of district money.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS","CHAPTER 9045. FALLBROOK UTILITY DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9045.htm#9045.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"4f30ad1fbae2f1001e73f8bdc81ee16b3237b9be9db1021aa18841638ec069c8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-9045.202","next":"us-tx/tex.-special-district-local-laws-code-9045.204"},"notice":"GroundRules: Original legal text. Not legal advice."}