Texas § 82.069 RIGHTS OF SECURED LENDERS.

Texas Statutes

§ 82.069 — RIGHTS OF SECURED LENDERS.

Texas § 82.069

Code PRProperty Code

This text of Texas § 82.069 (RIGHTS OF SECURED LENDERS.) 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. Property Code Code Ann. § 82.069 (2026).

Text

Sec. 82.069. RIGHTS OF SECURED LENDERS. The declaration may require that all or a specified number or percentage of the mortgagees or beneficiaries of deeds of trust encumbering the units approve specified actions of the unit owners or the association as a condition to the effectiveness of those actions, but a requirement for approval may not operate to:

(1)deny or delegate control over the general administrative affairs of the association by the unit owners or the board; or

(2)prevent the association or the board from:

(A)commencing, intervening in, or settling any litigation or proceeding; or

(B)receiving and distributing insurance proceeds under Section 82.111 .

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Sec. 82.069. RIGHTS OF SECURED LENDERS. The declaration may require that all or a specified number or percentage of the mortgagees or beneficiaries of deeds of trust encumbering the units approve specified actions of the unit owners or the association as a condition to the effectiveness of those actions, but a requirement for approval may not operate to:
(1) deny or delegate control over the general administrative affairs of the association by the unit owners or the board; or
(2) prevent the association or the board from:
(A) commencing, intervening in, or settling any litigation or proceeding; or
(B) receiving and distributing insurance proceeds under Section 82.111 .