Sec. 11007.206. TRUST INDENTURE. District bonds authorized by this chapter, including refunding bonds, may be additionally secured by a trust indenture. The trustee may be a bank with trust powers that is located inside or outside the state.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle X - Districts With Combined Powers
Chapter 11007 - West Jefferson County Municipal Water District
Section 11007.201. Authority to Issue Bonds
Section 11007.202. Form of Bonds
Section 11007.204. Bonds Secured by Revenue; Additional Bonds
Section 11007.205. Additional Security
Section 11007.206. Trust Indenture
Section 11007.207. Charges for District Services
Section 11007.208. State Pledge Regarding Rights and Remedies of Bondholders
Section 11007.209. Use of Bond Proceeds
Section 11007.210. Appointment of Receiver
Section 11007.211. Refunding Bonds
Section 11007.212. Other Remedies and Covenants