Texas § LG.601.032 - DEED OF TRUST
Full text of Texas The Texas Constitution § LG.601.032 — DEED OF TRUST, with citation guidance and answers to common questions.
§ LG.601.032. DEED OF TRUST
DEED OF TRUST. An authority may enter into a deed of trust as security for revenue bonds and may assign and pledge all or part of the revenues or receipts of the authority under the agreement. The deed of trust may contain provisions relating to: (1) the construction, improvement, operation, maintenance, and repair of a project and to the authority's duties regarding those actions; (2) the application and safeguarding of funds under the control of the authority; (3) the rights and remedies of the trustee and bondholders, including a restriction on a right of action of bondholders; and (4) terms of the revenue bonds or the resolution authorizing their issuance. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Renumbered from Local Government Code, Section 431.032 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.76(d)(2), eff. April 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.601.032
What does The Texas Constitution § LG.601.032 cover?
Section LG.601.032 ("DEED OF TRUST") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § LG.601.032?
A common citation format is "The Texas Constitution § LG.601.032" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LG.601.032 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.