Tex. Special District Local Laws Code § 9601.210
STATE PLEDGE REGARDING RIGHTS AND REMEDIES OF BONDHOLDERS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 9601.210, STATE PLEDGE REGARDING RIGHTS AND REMEDIES OF BONDHOLDERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/623444
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Full text
Without depriving this state of its power to regulate and control the rates, fees, and charges assessed for water sold and waste collection and treatment services provided by the district, the state pledges to and agrees with the holders of district bonds that the state will not exercise its power to regulate and control the rates, fees, and charges in any way that would impair the rights or remedies of the holders of the bonds.