Texas Statutes
§ 11005.263 — LIMITATION ON RIGHTS OF BONDHOLDERS.
Texas § 11005.263
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 11005.263 (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. § 11005.263 (2026).
Text
Sec. 11005.263. 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 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.07, eff. April 1, 2017.
Nearby Sections
15
§ 11005.001
DEFINITIONS.§ 11005.002
NATURE OF DISTRICT.§ 11005.003
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 11005.051
DISTRICT TERRITORY.§ 11005.052
ANNEXATION OF CITY TERRITORY.§ 11005.053
ANNEXATION OF OTHER TERRITORY.§ 11005.101
COMPOSITION OF BOARD; TERMS.§ 11005.102
COMPENSATION OF DIRECTORS.§ 11005.103
QUALIFICATIONS FOR OFFICE.§ 11005.104
VACANCIES.§ 11005.105
REMOVAL FROM OFFICE.§ 11005.107
OFFICERS AND ASSISTANTS.§ 11005.108
DUTIES OF OFFICERS AND ASSISTANTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 11005.263, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/11005.263.