Texas Transportation Code

§ 172.305 — LIMIT ON POWER

TN § 172.305Title 5. RAILROADS · Part I. SPECIAL DISTRICTS · Ch. 172. RURAL RAIL TRANSPORTATION DISTRICTS · Art. G. BONDS

Statute text

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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.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.