Tex. Gov't Code § 1205.023 : GOVERNMENT CODE — PUBLIC SECURITIES — GENERAL PROVISIONS — PUBLIC SECURITY DECLARATORY JUDGMENT ACTIONS — DECLARATORY JUDGMENT ACTION — Proceeding in Rem; Class Action

An action under this chapter is:

(1) a proceeding in rem; and
(2) a class action binding on all persons who:
(A) reside in the territory of the issuer;
(B) own property located within the boundaries of the issuer;
(C) are taxpayers of the issuer; or
(D) have or claim a right, title, or interest in any property or money to be affected by the public security authorization or the issuance of the public securities.

Tex. Gov't. Code § 1205.023

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.
Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 3, eff. 9/1/1999.
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