Sec. 6905.264. LIMITATION ON RIGHTS OF HOLDERS. 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 source to institute or prosecute litigation affecting the district's property or income.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle B - Fresh Water Supply Districts
Chapter 6905 - Beeville Water Supply District
Section 6905.251. Authority to Issue Bonds
Section 6905.252. Form of Bonds
Section 6905.254. Election for Bonds Payable From Ad Valorem Taxes
Section 6905.255. Bonds Secured by Revenue; Additional Bonds
Section 6905.256. Bonds Payable From Ad Valorem Taxes
Section 6905.257. Additional Security
Section 6905.258. Trust Indenture
Section 6905.259. Deannexation of District Territory After Issuance of Bonds
Section 6905.260. Charges for District Services
Section 6905.261. Use of Bond Proceeds
Section 6905.262. Appointment of Receiver
Section 6905.263. Refunding Bonds