Section 205 Issuance of the Common Securities; Subscription and Purchase of Debentures............................................................................11
SECTION 201 Forms Generally............................................. 13 Section 202. Form of Face of Security.................................... 13
Section 2.1 25 It is agreed that the customary and usual rights, powers, functions, and authority of management are 26 vested in management officials of the District. Included in these rights in accordance with and subject to 27 applicable laws, regulations, and provisions of this Agreement, is the right to direct the work force, the 28 right to hire, promote, retain, transfer, and assign employees in positions; the right to suspend, discharge, 29 demote, or take other disciplinary action against employees; and the right to release employees from 30 duties because of lack of work or for other legitimate reasons. The District shall retain the right to 31 maintain efficiency of the District operation by determining the methods, means, and the personnel by 32 which such operation is conducted.
Section 206 Declaration of Trust..................................................................11 Section 207. Authorization to Enter into Certain Transactions......................................12
Subsection A numbered or lettered portion of the text within a Section of the CTSA.
Section 204 Issuance of the Preferred Securities..................................................11
Section 2.2 17 The right to make reasonable rules and regulations shall be considered acknowledged functions of the 18 District. In making rules and regulations relating to personnel policies, procedures and practices, and 19 matters of working conditions, the District shall give due regard and consideration to the rights of the 20 Association and the employees and to the obligations imposed by this Agreement. 24 A R T I C L E I I I
Section 11.3 No Personal Liability of Directors, Officers, Employees, Stockholders or Incorporators........................... 31
SECTION 402 Application of Trust Money.................................. 29 ARTICLE FIVE REMEDIES........................................................... 29 Section 501. Events of Default........................................... 29
Section 3.3 11 Employees subject to this Agreement have the right to have Association representatives or other 12 persons present at discussions between themselves and supervisors or other representatives of the 13 District as hereinafter provided.