Texas § 1504.210 TRUSTEE.

Texas Statutes

§ 1504.210 — TRUSTEE.

Texas § 1504.210

Code GVGovernment Code

This text of Texas § 1504.210 (TRUSTEE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 1504.210 (2026).

Text

Sec. 1504.210. TRUSTEE. A contract under which an exposition or convention hall is encumbered may provide for:

(1)the selection of a trustee to sell the hall on a default in the payment of principal or interest or another default under the contract;

(2)the selection of a successor trustee, if the original trustee is disqualified or fails to act; and

(3)the collection by the trustee of a fee of not more than five percent of the principal.

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Sec. 1504.210. TRUSTEE. A contract under which an exposition or convention hall is encumbered may provide for:
(1) the selection of a trustee to sell the hall on a default in the payment of principal or interest or another default under the contract;
(2) the selection of a successor trustee, if the original trustee is disqualified or fails to act; and
(3) the collection by the trustee of a fee of not more than five percent of the principal.