Special District Local Laws Code § 8509.0308
The board may let certain district bonds be additionally secured by a deed of trust or mortgage lien, and the trustee gets powers to sell, operate, or otherwise secure the property. A purchaser at such a sale becomes the absolute owner and may maintain and operate the property.
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- United States — Texas
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- Code
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- Language
- en
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bond security property liens trustee powers
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Special District Local Laws Code § 8509.0308
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