Texas Statutes
§ 8509.0314 — LIMITATION ON RIGHTS OF BONDHOLDERS.
Texas § 8509.0314
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8509.0314 (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. § 8509.0314 (2026).
Text
Sec. 8509.0314. 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 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172 ), Sec. 1.03, eff. April 1, 2021.
Nearby Sections
15
§ 8509.0001
DEFINITIONS.§ 8509.0002
NATURE OF DISTRICT.§ 8509.0003
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 8509.0004
DISTRICT TERRITORY.§ 8509.0005
CORRECTION OF INVALID PROCEDURES.§ 8509.0051
ANNEXATION OF TERRITORY.§ 8509.0052
WITHDRAWAL FROM OR DISSOLUTION OF DISTRICT.§ 8509.0101
COMPOSITION OF BOARD; TERMS.§ 8509.0102
QUALIFICATIONS FOR OFFICE.§ 8509.0103
REMOVAL.§ 8509.0104
VACANCY.§ 8509.0105
OFFICERS.§ 8509.0106
VOTE BY BOARD PRESIDENT.§ 8509.0107
EMPLOYEES.§ 8509.0108
DIRECTOR'S AND TREASURER'S BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8509.0314, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8509.0314.