Tex. Spec. Dist. Local Laws Code § 6905.264 · Subchapter F. BONDS
LIMITATION ON RIGHTS OF HOLDERS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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 source to institute or prosecute litigation affecting the district's property or income.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.6905.htm
- Text hash
- sha256 a30716ece625b558d42c1e6b99fbc0394e5108dd3ac75f70958f6947d4f4620b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.