Sec. 441.177. BONDHOLDER MANDAMUS. A 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.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle J - Road Utility Districts
Chapter 441 - Road Utility Districts
Section 441.171. Issuance of Bonds
Section 441.172. Tax Bond Election
Section 441.173. Form and Provisions of Bonds
Section 441.175. Refunding Bonds
Section 441.176. Tax Exemption
Section 441.177. Bondholder Mandamus
Section 441.178. Use of Bond Proceeds