Sec. 392.104. EFFECT OF CERTAIN PROVISIONS ON OBLIGEE RIGHTS CONFERRED BY AUTHORITY. Sections 392.004 and 392.055 do not limit the power of an authority to vest in an obligee the right, in the event of default by the authority, to take possession of a housing project, obtain the appointment of a receiver for the project, or acquire title to the project through foreclosure, free from the restrictions imposed by those sections.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government
Chapter 392 - Housing Authorities Established by Municipalities and Counties
Section 392.101. Remedies of an Obligee of the Authority
Section 392.102. Optional Remedies of an Obligee
Section 392.103. Exemption of Property From Execution Sale
Section 392.104. Effect of Certain Provisions on Obligee Rights Conferred by Authority