Sec. 1477.115. BONDHOLDER'S RIGHT TO MANDAMUS    


Latest version.
  • (a) A holder of a bond issued under this subchapter is entitled, by mandamus or other proceedings in court, to enforce the holder's rights against:

    (1) the county;

    (2) county employees and agents; and

    (3) the employees of the county's agents.

    (b) A bondholder's rights include the right to require the county to:

    (1) impose and collect sufficient rates and charges to carry out the agreements contained in the bond order; and

    (2) perform all agreements and covenants contained in the bond order and the duties arising from those agreements or covenants.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.