Tex. Transp. Code Section 364.050
Trust Indenture

(a)

Bonds issued under this chapter may be secured by a trust indenture between the county and a corporate trustee that is a trust company or a bank that has the powers of a trust company.

(b)

The trust indenture may:

(1)

pledge or assign the tolls, charges, and revenues from the operation of the toll bridge or bridges; or

(2)

mortgage all or part of the toll bridge or bridges.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 364.050 — Trust Indenture, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­364.­htm#364.­050 (accessed Apr. 20, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 20, 2024

§ 364.050’s source at texas​.gov