Sec. 6905.264. LIMITATION ON RIGHTS OF HOLDERS. 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 source to institute or prosecute litigation affecting the district's property or income.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Section: Previous 6905.204 6905.251 6905.252 6905.253 6905.254 6905.255 6905.256 6905.257 6905.258 6905.259 6905.260 6905.261 6905.262 6905.263 6905.264Last modified: September 28, 2016