Tex. Spec. Dist. Local Laws Code § 9092.0514 · Subchapter E. BORROWED MONEY; BONDS
LIMITATION ON RIGHTS.
Verbatim from the official edition
Not yet in force
Text of section effective on April 01, 2027
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 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 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.03, eff. April 1, 2027.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9092.htm
- Text hash
- sha256 bbc0866239e48d1b8ce5dd3d9f566f638257ac6f88c7c223b847941487e54909
- 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.