Tex. Spec. Dist. Local Laws Code Section 11007.213
Limitation on Rights of Bondholders

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.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.

Source: Section 11007.213 — Limitation on Rights of Bondholders, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­11007.­htm#11007.­213 (accessed Dec. 2, 2023).

Dec. 2, 2023

§ 11007.213’s source at texas​.gov