Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES |
Subchapter C. NATURAL GAS SYSTEM FOR COUNTY BUILDINGS IN CERTAIN COUNTIES |
Sec. 1477.115. BONDHOLDER'S RIGHT TO MANDAMUS
Latest version.
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(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.