Texas Special District Local Laws Code

§ 21.407 — MANDAMUS BY BONDHOLDERS

SD § 21.407Title 2. ENVIRONMENT AND SANITATION · Part A. SOLID WASTE MANAGEMENT · Ch. 21. UPPER SABINE VALLEY SOLID WASTE MANAGEMENT DISTRICT · Art. I. BONDS

Statute text

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A holder of a district bond is entitled, in addition to any other right or remedy provided by law, to a writ of mandamus requiring the district and its officials to observe and perform any covenant, condition, or obligation provided by the order or resolution authorizing issuance of the bond that the district fails to observe or perform, including:

(1)a default in the payment of principal, interest, or redemption price on the bond when due; and

(2)a failure to make payment into any fund created in the order or resolution.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.