Tex. Transp. Code Section 283.102
Management of Project

(a)

A bond instrument may allow the project to be managed and controlled by a board of trustees while the bonds issued are outstanding.

(b)

The bond instrument in providing for a board of trustees must:

(1)

name no more than five board members;

(2)

provide the manner of appointment; and

(3)

specify the powers and duties of the board.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 283.102 — Management of Project, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­283.­htm#283.­102 (accessed May 26, 2025).

Green check means up to date. Up to date

Verified:
May 26, 2025

§ 283.102. Mgmt. of Project's source at texas​.gov