Sec. 173.304. LIMIT ON POWER. (a) A revenue bond indenture may limit the exercise of a power granted by Section 173.004, 173.005, 173.111, 173.151, 173.152, 173.153, 173.154, 173.155, 173.157, 173.159, 173.160, 173.201, 173.202, 173.203, 173.204, 173.205, 173.206, 173.207, 173.208, 173.209, 173.251, 173.252, 173.253, 173.254, or 173.255.
(b) The limitation applies while any of the revenue bonds issued under the indenture are outstanding and unpaid.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 173 - Intermunicipal Commuter Rail Districts
Section 173.301. Revenue Bonds
Section 173.302. Security for Payment of Bonds
Section 173.303. Bonds as Authorized Investments and Security for Deposits of Public Funds
Section 173.304. Limit on Power
Section 173.305. Tax Increment Fund for Transportation Infrastructure Zone in Certain Districts