Sec. 11007.213. 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.
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