Sec. 1473.131. DEFINITIONS    


Latest version.
  • In this subchapter:

    (1) "Bond order" means an order authorizing the issuance of bonds under this subchapter.

    (2) "Parking facility" means:

    (A) a lot, area, or structure used primarily to park motor vehicles;

    (B) the site for the lot, area, or structure; and

    (C) equipment used in connection with the maintenance and operation of the lot, area, or structure.

    (3) "Trust indenture" means an instrument, including a mortgage or deed of trust, that secures bonds issued under this subchapter by:

    (A) a pledge of revenue; or

    (B) a pledge of revenue and a mortgage lien on property.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.