Sec. 228.114. REMEDIES. Except to the extent restricted by a trust agreement, a holder of a bond issued under this subchapter and a trustee under a trust agreement may:
(1) protect and enforce by a legal proceeding in any court a right under:
(A) this subchapter or another law of this state;
(B) the trust agreement; or
(C) the order authorizing the issuance of the bond; and
(2) compel the performance of a duty this subchapter, the trust agreement, or the order requires the commission or the department or an officer of the commission or the department to perform, including the imposing of tolls.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 312, Sec. 36, eff. June 18, 2003; Acts 2003, 78th Leg., ch. 1325, Sec. 15.34, eff. June 21, 2003.
Transferred from Transportation Code, Section 361.186 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.42, eff. June 14, 2005.
Structure Texas Statutes
Subtitle B - State Highway System
Chapter 228 - State Highway Toll Projects
Subchapter C. Toll Revenue Bonds
Section 228.101. Construction Costs
Section 228.102. Issuance of Bonds
Section 228.103. Applicability of Other Law; Conflicts
Section 228.104. Payment of Bonds; Credit of State Not Pledged
Section 228.105. Sources of Payment of and Security for Toll Revenue Bonds
Section 228.106. Interim Bonds
Section 228.107. Effect of Lien
Section 228.108. Approval of Bonds by Attorney General
Section 228.109. Trust Agreement
Section 228.110. Provisions Protecting and Enforcing Rights and Remedies of Bondholders
Section 228.111. Furnishing of Indemnifying Bonds or Pledge of Securities
Section 228.112. Feasibility Study by Municipality, County, or Private Group
Section 228.115. Exemption From Taxation or Assessment
Section 228.116. Valuation of Bonds Securing Deposit of Public Funds