Tex. Transp. Code Section 283.205
Trust Indenture Permitted

(a)

A bond authorized by this chapter may be secured by a trust indenture between the county and a corporate trustee that is a trust company or bank with the powers of a trust company.

(b)

A trust indenture may pledge or assign revenues.

(c)

A trust indenture may not convey or mortgage all or part of the project.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 283.205 — Trust Indenture Permitted, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­283.­htm#283.­205 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 283.205’s source at texas​.gov