Texas Statutes

§ 11003.263 — LIMITATION ON RIGHTS OF BONDHOLDERS.

Texas § 11003.263
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 11003.263 (LIMITATION ON RIGHTS OF BONDHOLDERS.) 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. Special District Local Laws Code Code Ann. § 11003.263 (2026).

Text

Sec. 11003.263. 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.

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Legislative History

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026 ), Sec. 1.07, eff. April 1, 2015.

Nearby Sections

15
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Bluebook (online)
Texas § 11003.263, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/11003.263.