Tex. Transp. Code § 365.035 · Subchapter C. FINANCIAL PROVISIONS
BONDHOLDER PROTECTION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The trust indenture or the resolution or order authorizing the issuance of bonds under this chapter may include provisions to protect and enforce the rights and remedies of bondholders, including covenants determining the district's duties in relation to:
(1) the acquisition and financing of the toll road project; and
(2) the custody, safeguarding, and application of the district's toll road revenues.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.365.htm
- Text hash
- sha256 fbea43a5ed41ad667c0165bad65b4a754361fdb0df1fb92af9900bf55acc91ba
- 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.