Tex. Transp. Code § 283.205

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 283.205 - Trust Indenture Permitted
(a) A bond authorized by this chapter may be secured by a trust indenture between the county and a corporate trustee that is a trust company or bank with the powers of a trust company.
(b) A trust indenture may pledge or assign revenues.
(c) A trust indenture may not convey or mortgage all or part of the project.

Tex. Transp. Code § 283.205

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.