Texas § 8101.255 TRUST INDENTURE.

Texas Statutes

§ 8101.255 — TRUST INDENTURE.

Texas § 8101.255

Code SDSpecial District Local Laws Code

This text of Texas § 8101.255 (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. § 8101.255 (2026).

Text

Sec. 8101.255. TRUST INDENTURE. The trust indenture may contain provisions prescribed by the board that:

(1)provide for the security of the bonds and the operation and preservation of the trust estate;

(2)provide for amendment or modification of the trust indenture;

(3)provide for the issuance of bonds to replace lost or mutilated bonds; and

(4)condition the right to spend authority money or sell authority property on the approval of a licensed engineer selected as provided by the trust indenture.

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Sec. 8101.255. TRUST INDENTURE. The trust indenture may contain provisions prescribed by the board that:
(1) provide for the security of the bonds and the operation and preservation of the trust estate;
(2) provide for amendment or modification of the trust indenture;
(3) provide for the issuance of bonds to replace lost or mutilated bonds; and
(4) condition the right to spend authority money or sell authority property on the approval of a licensed engineer selected as provided by the trust indenture.