Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 5. RAILROADS |
Subtitle I. SPECIAL DISTRICTS |
Chapter 172. RURAL RAIL TRANSPORTATION DISTRICTS |
Subchapter G. BONDS |
Sec. 172.305. LIMIT ON POWER
Latest version.
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A revenue bond indenture may limit the exercise of the power granted by Section 172.002, 172.151, 172.152, 172.153, 172.154, 172.155, 172.157, 172.158, 172.159, 172.160, 172.201, 172.202, 172.203, 172.204, 172.205, 172.206, 172.207, 172.208, 172.209, 172.210, 172.251, 172.252, 172.253, 172.254, or 172.304. 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 , Sec. 2.04, eff. April 1, 2011.