Tex. Special District Local Laws Code § 9601.215
LIMITATION ON RIGHTS OF BONDHOLDERS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 9601.215, LIMITATION ON RIGHTS OF BONDHOLDERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/623449
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ys:prov:623449@1- SHA-256
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Full text
The proceedings authorizing the issuance of 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.