Texas Special District Local Laws Code § 8288.213 Limitation On Rights Of Bondholders

Sec. 8288.213. LIMITATION ON RIGHTS OF BONDHOLDERS. 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 same source to institute or prosecute litigation affecting the district's property or income.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.

Section: Previous  8288.154  8288.155  8288.201  8288.202  8288.203  8288.204  8288.205  8288.206  8288.207  8288.208  8288.209  8288.210  8288.211  8288.212  8288.213

Last modified: September 28, 2016