Sec. 1504.210.  TRUSTEE.  A contract under which an exposition or convention hall is encumbered may provide for:
(1)  the selection of a trustee to sell the hall on a default in the payment of principal or interest or another default under the contract;
(2)  the selection of a successor trustee, if the original trustee is disqualified or fails to act;  and
(3)  the collection by the trustee of a fee of not more than five percent of the principal.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.