Texas Transportation Code
§ 441.177 — BONDHOLDER MANDAMUS
TN § 441.177Title 6. ROADWAYS · Part J. ROAD UTILITY DISTRICTS · Ch. 441. ROAD UTILITY DISTRICTS · Art. I. BONDS
Statute text
View on sourceA holder of a district bond is entitled, in addition to any other right or remedy provided by state law, to a writ of mandamus requiring the district and its officials to perform any obligation that:
(1)is provided by the order or resolution authorizing issuance of the bond; and
(2)the district fails to perform, including:
(A)defaulting in the payment of principal, interest, or redemption price on the bond when due; and
(B)failing to make payment into any fund created in the order or resolution.
Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.