Tex. Local Government Code § 392.104

This is the official text of Tex. Local Government Code § 392.104, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.

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§ 392.104. EFFECT OF CERTAIN PROVISIONS ON OBLIGEE RIGHTS CONFERRED BY AUTHORITY.

Official statutory text

Sections 392.004 and 392.055 do not limit the power of an authority to vest in an obligee the right, in the event of default by the authority, to take possession of a housing project, obtain the appointment of a receiver for the project, or acquire title to the project through foreclosure, free from the restrictions imposed by those sections.

Status: in_force · Read it on the official government site

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