Texas Statutes
§ 6902.208 — TRUST INDENTURE.
Texas § 6902.208
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 6902.208 (TRUST INDENTURE.) 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. § 6902.208 (2026).
Text
Sec. 6902.208. TRUST INDENTURE.
(a)A bond issued under this subchapter, including a refunding bond, that is not payable wholly from property taxes may be additionally secured by a trust indenture. The trustee may be a bank with trust powers located inside or outside the state.
(b)A trust indenture, regardless of the existence of the deed of trust or mortgage lien on the property, may:
(1)provide for the security of the bonds and the preservation of the trust estate in the manner prescribed by the board;
(2)provide for amendment or modification of the trust indenture;
(3)provide for the issuance of bonds to replace lost or mutilated bonds;
(4)condition the right to spend district money or sell district property on the approval of a licensed engineer selected as provided by this chapte
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.06, eff. April 1, 2009.
Nearby Sections
15
§ 6902.001
DEFINITIONS.§ 6902.002
NATURE OF DISTRICT.§ 6902.003
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 6902.004
DISTRICT TERRITORY.§ 6902.051
COMPOSITION OF BOARD.§ 6902.052
TERMS.§ 6902.053
QUALIFICATIONS FOR OFFICE.§ 6902.054
EX OFFICIO DIRECTORS.§ 6902.055
VACANCY.§ 6902.056
REMOVAL FROM OFFICE.§ 6902.057
QUORUM.§ 6902.058
BOARD RESOLUTIONS; VOTING REQUIREMENTS.§ 6902.059
OFFICERS AND ASSISTANTS.§ 6902.060
OFFICER DUTIES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 6902.208, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/6902.208.