Texas Government Code Chapter 1433 > Subchapter E – Agreements Relating to Bonds
Current as of: 2024 | Check for updates
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Other versions
| § 1433.101 | Security for Bond; Trust Agreement |
| § 1433.102 | Default in Lease Agreement or Mortgage; Enforcement |
| § 1433.103 | Purchase Option |
Terms Used In Texas Government Code Chapter 1433 > Subchapter E - Agreements Relating to Bonds
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.