Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle B. FRESH WATER SUPPLY DISTRICTS |
Chapter 6902. CRANE COUNTY WATER DISTRICT |
Subchapter E. GENERAL BOND PROVISIONS |
Sec. 6902.212. LIMITATION ON RIGHTS OF HOLDERS
Latest version.
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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 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.06, eff. April 1, 2009.