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Texas Transportation Code - TRANSP § 283.102. Management of Project

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A bond instrument may allow the project to be managed and controlled by a board of trustees while the bonds issued are outstanding.

(b) The bond instrument in providing for a board of trustees must:

(1) name no more than five board members;

(2) provide the manner of appointment; and

(3) specify the powers and duties of the board.

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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 283.102. Management of Project - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-283-102/

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