Tex. Spec. Dist. Local Laws Code Section 8101.255
Trust Indenture

The trust indenture may contain provisions prescribed by the board that:

(1)

provide for the security of the bonds and the operation and preservation of the trust estate;

(2)

provide for amendment or modification of the trust indenture;

(3)

provide for the issuance of bonds to replace lost or mutilated bonds; and

(4)

condition the right to spend authority money or sell authority property on the approval of a licensed engineer selected as provided by the trust indenture.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source: Section 8101.255 — Trust Indenture, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8101.­htm#8101.­255 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 8101.255’s source at texas​.gov