Texas Statutes

§ 283.205 — TRUST INDENTURE PERMITTED.

Texas § 283.205
JurisdictionTexas
Code TNTransportation Code

This text of Texas § 283.205 (TRUST INDENTURE PERMITTED.) 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. Transportation Code Code Ann. § 283.205 (2026).

Text

Sec. 283.205. TRUST INDENTURE PERMITTED.

(a)A bond authorized by this chapter may be secured by a trust indenture between the county and a corporate trustee that is a trust company or bank with the powers of a trust company.
(b)A trust indenture may pledge or assign revenues.
(c)A trust indenture may not convey or mortgage all or part of the project.

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Legislative History

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Nearby Sections

15
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Bluebook (online)
Texas § 283.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/283.205.