Tex. Spec. Dist. Local Laws Code § 8183.263 · 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 same 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. 1.10, 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.8183.htm
- Text hash
- sha256 087d78a1e3d52f092f133acc5ce1f7640d6138f2e3c97404d4fa46fe5c92b4eb
- 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.